Part 1Charges, rates, allowances, reliefs etc

Gambling duties

22Rates of gaming duty

1

For the table in section 11(2) of FA 1997 substitute—

Table

Part of gross gaming yield

Rate

The first £1,911,000

15 per cent

The next £1,317,000

20 per cent

The next £2,307,000

30 per cent

The next £4,869,500

40 per cent

The remainder

50 per cent

2

The amendment made by subsection (1) has effect in relation to accounting periods beginning on or after 1 April 2008.