Oral Answers to Questions — Betting Duty.

– in the House of Commons am ar 6 Rhagfyr 1926.

Danfonwch hysbysiad imi am ddadleuon fel hyn

Photo of Mr Leslie Hore-Belisha Mr Leslie Hore-Belisha , Plymouth, Devonport

52.

asked the Chancellor of the Exchequer how many bookmakers' licences have been issued to date, and how the number compares with the Treasury estimate?

Photo of Mr Ronald McNeill Mr Ronald McNeill , Canterbury

The number of bookmakers' certificates issued up to 30th November inclusive was 10,479. No official estimate was formed of the number of bookmakers.

Photo of Mr Harry Day Mr Harry Day , Southwark Central

53.

asked the Chancellor of the Exchequer if he is aware that many bookmakers are levying the Betting Duty against winnings as well as against the amount staked as a bet by backers of horses; and will he con- sider the introduction of legislation to prohibit bookmakers exploiting the Act against backers in this manner?

Photo of Mr Ronald McNeill Mr Ronald McNeill , Canterbury

Under Section 15 of the Finance Act, 1926, Betting Duty is charged on every bet made with a bookmaker and is payable to the Revenue authorities by the bookmaker with whom the bet is made. I am not aware that the practice mentioned in the question is being adopted, but the Exchequer is not concerned with the methods by which the bookmaker passes on the tax to the hacker, and my right hon. Friend is not prepared to initiate legislation as suggested.

Photo of Mr Harry Day Mr Harry Day , Southwark Central

If I forward proof that the bookmakers are charging not only on the amount staked but on the winnings, will the right hon. Gentleman make investigations?

Photo of Mr Ronald McNeill Mr Ronald McNeill , Canterbury

No, Sir: I have pointed out that it is no concern of ours at all.

Photo of Mr Harry Day Mr Harry Day , Southwark Central

Does the right hon. Gentleman think that bookmakers ought to exploit the public in this way?

Photo of Mr John Whitley Mr John Whitley , Halifax

That is a matter of opinion.