22Rates of gaming dutyU.K.
(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.