(1)In section 11(2) of FA 1997 (rates of gaming duty), for the table substitute—
| Part of gross gaming yield | Rate |
|---|---|
| The first £2,370,500 | 15 per cent |
| The next £1,634,000 | 20 per cent |
| The next £2,861,500 | 30 per cent |
| The next £6,040,000 | 40 per cent |
| The remainder | 50 per cent”. |
(2)The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2016.
(1)Schedule 17 contains provision relating to fuel duties.
(2)Part 1 of the Schedule provides for charging excise duty on aqua methanol.
(3)Part 2 of the Schedule contains miscellaneous amendments.
(4)Part 3 of the Schedule makes provision about commencement.
(1)For the table in Schedule 1 to TPDA 1979 substitute—
| 1. Cigarettes | An amount equal to 16.5% of the retail price plus £196.42 per thousand cigarettes |
| 2. Cigars | £245.01 per kilogram |
| 3. Hand-rolling tobacco | £198.10 per kilogram |
| 4. Other smoking tobacco and chewing tobacco | £107.71 per kilogram”. |
(2)The amendment made by this section is treated as having come into force at 6pm on 16 March 2016.
(1)ALDA 1979 is amended as follows.
(2)In section 62(1A)(a) (rate of duty on sparkling cider of a strength exceeding 5.5%) for “£264.61” substitute “£268.99”.
(3)For Part 1 of the table in Schedule 1 substitute—
| Description of wine or made-wine | Rates of duty per hectolitre £ |
|---|---|
| Wine or made-wine of a strength not exceeding 4% | £85.60 |
| Wine or made-wine of a strength exceeding 4% but not exceeding 5.5% | £117.72 |
| Wine or made-wine of a strength exceeding 5.5% but not exceeding 15% and not being sparkling | £277.84 |
| Sparkling wine or sparkling made-wine of a strength exceeding 5.5% but less than 8.5% | £268.99 |
| Sparkling wine or sparkling made-wine of a strength of at least 8.5% but not exceeding 15% | £355.87 |
| Wine or made-wine of a strength exceeding 15% but not exceeding 22% | £370.41”. |
(4)The amendments made by this section are treated as having come into force on 21 March 2016.