Oral Question·Department for Business, Energy and Industrial Strategy
“What steps he is taking to support the steel industry.”
Tabled: 5 January 2022Answered: 11 January 2022
Asked by
Jessica Morden
Labour — Newport East
Answering Minister
the Secretary of State for Business, Energy and Industrial Strategy
Answer from Hansard
The Exchequer Secretary to the Treasury (James Murray)
We very much recognise the social and cultural value of horseracing, which is why on-course betting is exempt from duty, and horseracing is the only sport to receive a Government mandated levy. We are consulting on measures to simplify gambling duty and improve compliance. No decision will be made on rates before the Budget, and we are working with the horseracing sector to identify unintended consequences and mitigations.