§ 43. Mr. A. Lewisasked the Chancellor of the Exchequer if he will give the latest annual revenue received by the Treasury from the 10 per cent. totalisator pool betting duty on greyhound racing; and what is the estimated return that would be received by the Treasury if this tax were abolished and replaced by a 4 per cent. tax on all forms of betting, gambling and gaming.
§ Mr. MaudlingNet receipts of pool betting duty from totalisators on dog racecourses during 1963 were £5,492,353.
At this time of the year I think I should use discretion in estimating the possible yield from hypothetical taxes.