HC Deb 28 July 1926 vol 198 cc2109-10
64. Colonel DAY

asked the Chancellor of the Exchequer whether a bet made in respect to a race taking place on the Continent or in Ireland, but made on a racecourse in this country, between a backer and a bookmaker both attending the same race meeting in this country, will be charged on the higher or lower scale?

Mr. McNEILL

The bet in question would be taxed at 2 per cent.

Colonel DAY

May I ask, in the event of the race being declared off, whether the man who makes the bet, or the bookmaker, can reclaim the tax?

Mr. McNEILL

I have not the least idea.

Colonel DAY

Can the right hon. Gentleman say where the public can get the information?

Mr. SPEAKER

Members must face their own risks.