§ 18. Mr. Farrasked the Chancellor of the Exchequer what was the total revenue from the tax on amusement machines in the latest available 12-month period for which figures are available.
§ Mr. Peter ReesThere are different categories of "amusement machines". Value added tax is charged on the gross takings of "amusement only machines" at the rate of 15 per cent. but no reliable estimate can be made of the revenue yield.
It is estimated that the yield of VAT—which is charged on net takings—and of licence duty on gaming machines, which are also for amusement, was about £45 million in 1980.