PART 9

Other taxes and duties

Other excise duties

Gaming duty: rates
152
1
In section 11(2) of FA 1997 (rates of gaming duty), for the table substitute—

TABLE
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.