Part IIIU.K. Gaming Licence Duty
3U.K.In section 14 of the 1981 Act (rate of duty) for the Table set out in subsection (1) there shall be substituted the following Table—
U.K.“ Table
Part of gross gaming yield | Rate |
---|
The first £500,000 | 5 per cent. |
The next £1,750,000 | 12½ per cent. |
The remainder | 25 per cent.”. |