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.
23Amusement machine licence duty
(1)In section 23(2) of BGDA 1981 (amount of duty payable on amusement machine licence), for the table substitute—
“Table
| Months for which licence granted | Category A | Category B1 | Category B2 | Category B3 | Category B4 | Category C |
|---|---|---|---|---|---|---|
| £ | £ | £ | £ | £ | £ | |
| 1 | 455 | 230 | 180 | 180 | 165 | 70 |
| 2 | 905 | 450 | 355 | 355 | 320 | 135 |
| 3 | 1355 | 675 | 535 | 535 | 485 | 200 |
| 4 | 1805 | 905 | 710 | 710 | 645 | 265 |
| 5 | 2260 | 1130 | 890 | 890 | 805 | 335 |
| 6 | 2710 | 1355 | 1065 | 1065 | 965 | 400 |
| 7 | 3160 | 1580 | 1245 | 1245 | 1125 | 465 |
| 8 | 3610 | 1805 | 1420 | 1420 | 1290 | 530 |
| 9 | 4065 | 2030 | 1600 | 1600 | 1450 | 600 |
| 10 | 4515 | 2260 | 1775 | 1775 | 1610 | 665 |
| 11 | 4965 | 2485 | 1955 | 1955 | 1770 | 730 |
| 12 | 5160 | 2580 | 2030 | 2030 | 1840 | 760”. |
(2)The amendment made by subsection (1) has effect in relation to cases where the application for the amusement machine licence is received by the Commissioners for Her Majesty’s Revenue and Customs after 4pm on 14 March 2008.