Finance (No. 2) Act 2008

Amendment of section 67 (betting duty) of Finance Act 2002.

53.— (1) Section 67 of the Finance Act 2002 (as amended by section 90 of the Finance Act 2006 ) is amended—

(a) in subsection (1) by substituting “2 per cent” for “1 per cent”, and

(b) by inserting the following after subsection (1):

“(1A) For the avoidance of doubt, betting duty imposed by subsection (1) is chargeable on all bets placed by a person with a bookmaker at the bookmaker’s registered premises, irrespective of the means by which a bet is placed.”.

(2) Subsection (1)(a) comes into operation on 1 May 2009.