Explanatory Notes

Finance Act 2014

2014 CHAPTER 26

17 July 2014

Introduction

Section 121: Rates of Gaming Duty

Details of the Section

2.Subsection (1) substitutes a new table for the existing table in section 11 (2) of the Finance Act 1997 which has the effect of increasing the gross gaming yield bands for gaming duty.

3.Subsection (2) provides for this change to have effect for accounting periods on or after 1 April 2014.