http://www.legislation.gov.uk/ukpga/2002/23/section/10/enactedFinance Act 2002Excise dutiesVATCorporation taxGambling and lottery licencesGambling and lotteriesKing's Printer of Acts of Parliament2021-08-03
Finance Act 2002Sch. 16 para. 27(5)(6)Finance Act 2008Sch. 39 para. 48s. 118(2)art. 2(2)art. 10
Part 1Excise dutiesBetting and gaming dutiesRates of gaming duty
10
1
For the Table in section 11(2) of the Finance Act 1997 (c. 16) (rates of gaming duty) substitute—
<SmallCaps>Table</SmallCaps>
| Part of gross gaming yield | Rate |
|---|
| The first £488,000 | 2.5 per cent. |
| The next £1,083,500 | 12.5 per cent. |
| The next £1,083,500 | 20 per cent. |
| The next £1,897,000 | 30 per cent. |
| The remainder | 40 per cent. |
2
This section has effect in relation to accounting periods beginning on or after 1st April 2002.