Tag: racing levy


British Horseracing Chiefs Warn of Betting Tax Risks

The British horseracing industry has taken a rare, unified stance in urging the UK Government to reconsider proposed changes to the betting tax system. More than 360 prominent figures — including trainers, jockeys, breeders, racecourse executives, and stable staff — have signed an open letter addressed to the Chancellor, warning that the Treasury’s plans to merge betting and gaming taxes could have severe consequences for one of Britain’s oldest and most economically significant sports....

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