Part 1Charges, rates, allowances, etc

Gambling duties

19Rates of gaming duty

1

In section 11(2) of FA 1997 (rates of gaming duty), for the table substitute—

Table

Part of gross gaming yield

Rate

The first £1,929,000

15 per cent

The next £1,329,500

20 per cent

The next £2,329,000

30 per cent

The next £4,915,500

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 2009.