HC Deb 22 December 1954 vol 535 cc306-7W
Mr. Powell

asked the Chancellor of the Exchequer the total deductions made from stakes on the horse-racing totalisator and the greyhound-racing totalisator, and what proportion of the deductions is remitted to the Exchequer by way of tax or duty by the Racecourse Betting Control Board and the greyhound racing companies, respectively.

Mr. H. Brooke

The deductions from stakes on horse-racing totalisators represent something between 10 and 11 per cent. of the total stakes. The deductions from stakes on greyhound-racing totalisators amount to approximately 16 per cent. of the total stakes, including the deduction of 10 per cent. of the total stakes which greyhound racing companies are required to make for payment of Pool Betting Duty under Section 6 of the Finance (No. 2) Act, 1947. This duty does not extend to horse-race totalisator betting.