BETTING TAX RATE
CONSIDERATION IN ENGLAND (Rec. 9 p.m.) LONDON, Jan. 7. A fiat rate percentage tax on the total of bets laid through the totalisator and with football pool organisations is reported to be under careful consideration in regard to Britain's next Budget, which is due on April 1. If adopted, it is suggested that the tax would be paid direct by both agencies on the ascertained totals of the wagers laid through them. Wagers on the totalisator last year totalled nearly £15.000,000. It is estimated that the sum handled by pools is about £29,000,000 each year. How to tax between 15.000 and 18,000 bookmakers is another problem. ....SPORTING
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Otago Daily Times, Issue 26354, 8 January 1947, Page 2
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110BETTING TAX RATE Otago Daily Times, Issue 26354, 8 January 1947, Page 2
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