PART 2Indirect taxes
45Gaming duty: rates
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 £2,423,500
15%
The next £1,670,500
20%
The next £2,925,500
30%
The next £6,175,500
40%
The remainder
50%
2
The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2017.