HC Deb 24 February 1983 vol 37 c1046
12. Mr. Freud

asked the Chancellor of the Exchequer what representations he has received about the effect of the betting tax on the racing industry.

Mr. Hayhoe

A joint memorandum has been submitted by the Jockey Club and other leading betting and racing organisations. Representations have also been received from the British Greyhound Racing Board and other interested groups and from many hon. Members.

Mr. Freud

Does the Minister accept that a cut in on-course betting duty would give a huge fillip to this labour-intensive industry, at a small cost to the Government?

Mr. Hayhoe

I can confirm that such a move would be welcome, but I must also use the traditional formula and say that I cannot anticipate my right hon. and learned Friend's Budget statement.

Sir Anthony Kershaw

Is it not time that it was recognised that bookmakers have had their day and should be abolished?

Mr. Hayhoe

Whether that is a desirable objective or not, I am sure that it should not be the function of the taxation system to achieve it.

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