betting tax harmonisation

There will be no horseracing across the UK on Wednesday as part of an industry-wide attempt to persuade the British government of the potentially ruinous consequences of a proposed rise in betting tax. A hike from 15 per cent to 21 per cent has been suggested to bring betting on racing and other sports into line with the tax rate for online gaming and slots, but the British Horseracing Authority (BHA), along with the sport's other representative bodies, has warned of the devastating impact on racing's finances if this is...

NEWMARKET, UK -- Kemi Badenoch MP has spoken of the importance of British racing remaining an "international beacon" during a briefing with industry stakeholders at Tattersalls on Friday. The Leader of the Opposition, Badenoch, along with Shadow Ministers from the Department of Culture, Media and Sport, Stuart Andrew MP and Louie French MP, joined a Newmarket horseracing policy conference organised by the Jockey Club and the British Horseracing Authority (BHA). "The most important thing is that horseracing stays here and continues to thrive here - that we are an international...