Don Foster MP

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Don Foster signs EDM 1919: TAXATION OF BINGO

August 18, 2023 by admin in News

Don Foster signed EDM 1919 that states:

That this House recognises the important social and community role that bingo plays across the United Kingdom; believes the current 20 per cent. gross profit tax on bingo should be lowered to 15 per cent. to bring it in line with taxation on other forms of gambling; and supports a new report by the Bingo Association and Ernst and Young that demonstrates that such a reduction in taxation would have significant benefits for the Exchequer and would raise an additional 65 million in the period from 2011 to 2014.