§ Mr. FisherTo ask the Chancellor of the Exchequer how much tax revenue has been raised by(a) the pools betting levy and (b) the national lottery in each year since 1994–95. [13206]
§ Mr. OppenheimThe information requested is given in the table.
1994–95 1995–96 £ million £ million Pool betting duty1 341.6 190.8 Lottery duty2 103.9 611.9 Notes: 1 The following rates of duty were applicable to pool betting during those financial years. 2 The first draw of the national lottery look place on 19 November 1994.
Rate Percentage Date of introduction 37.5 17 August 1991 32.5 6 May 1995 27.5 3 December 1995 The rate was further reduced to 26.5 per cent. on 5 May 1996.