David Williams, Labour’s Parliamentary Candidate for Crewe and Nantwich, has welcomed the reduction in Bingo Tax recently announced in the Pre-Budget Report, but wants it to go further.David Williams said, "I very much welcome the move to reduce Bingo Tax from 22% to 20%. It shows that the Chancellor is listening and is prepared to act even when we are in the middle of a recession. However, I will continue to campaign for a further reduction to bring the tax in line with other forms of gambling."
At present the rate of tax applied to sport betting, betting exchanges, casino games, internet gambling and football pools is levied at 15 per cent. That also includes internet bingo.
David Williams went on to comment, "I do not understand why there is a separate bingo tax in the first place. It seems bizarre that online bingo has a lower tax levy than playing the same game in real life. I understand why that's infuriating for the bingo industry. Thousands of people in Crewe and Nantwich enjoy a night out at the bingo. I don't see why bingo hall owners are penalised in this way."
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