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1042395

	registered interest
	date	16/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Football Pools: Excise Duties
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what assessment he has made of the effect on the (a) finances and (b) usage of the football pools of the reduction in the pools duty from 15 per cent to one per cent.
	tabling member constituency	Glasgow South West
	tabling member printed	Chris Stephens
	uin	209396
	answer	answer is ministerial correction date of answer 21/01/2019 answer text <p>Pool Betting Duty raises around £4m in revenue for the Exchequer per year. Cutting Pool Betting Duty to 1% could pose a risk to the public finances from a reduction in General Betting Duty revenue as bookmakers would have an incentive to switch their products from fixed odds bets to pools bets.</p><p> </p><p>It is unlikely to increase usage of the football pools which has been in long term decline due to the poplularity of other gambling products.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 21/01/2019 16:33:19 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4463 label Biography information for Chris Stephens

1042396

	registered interest
	date	16/01/2019
	answering body	Treasury
	answering dept id	14
	answering dept short name	Treasury
	answering dept sort name	Treasury
	hansard heading	Football Pools: Excise Duties
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Chancellor of the Exchequer, what representations he has received on reducing the Pools Duty to 10 per cent, and if he will make a statement.
	tabling member constituency	Glasgow South West
	tabling member printed	Chris Stephens
	uin	209397
	answer	answer is ministerial correction date of answer 21/01/2019 answer text <p>All taxes are kept under review as part of the normal Budget process. As part of this stakeholders can make representations, which form part of the Chancellor of the Exchequer’s considerations.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 21/01/2019 16:30:53 answering member 4320 label Biography information for Robert Jenrick
	tabling member	4463 label Biography information for Chris Stephens