HC Deb 07 April 1927 vol 204 cc2291-2W
Major GLYN

asked the Chancellor of the Exchequer whether the duty on betting imposed by the Finance Act, 1926, is charged on the stake involved or on the winnings, if any, on that stake as well?


The charge to betting duty imposed by Section 15 (1) (a) of the Finance Act, 1926, is upon every bet made with a bookmaker, irrespective of the result of the bet.