PART 4Excise duties and other taxes

Gambling

183Rates 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 £2,242,500

15 per cent

The next £1,546,000

20 per cent

The next £2,707,500

30 per cent

The next £5,714,500

40 per cent

The remainder

50 per cent

2

The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2013.