Bingo Association Welcomes Tax Reduction After Campaign Supported by Local MP
Thursday, 20 March 2014
Hundreds of bingo customers are celebrating, after the Chancellor reduced the tax burden on bingo clubs in following a campaign supported by local MP Dr Eilidh Whiteford.
In yesterday’s Budget, the Chancellor of the Exchequer reduced the duty on bingo clubs from 20% to 10%. It means almost 400 bingo clubs in communities across England, Scotland and Wales can now fulfil their commitment to invest in new premises, modernisation and jobs.
Commenting on the successful campaign, Eilidh said:
Miles Baron, Chief Executive of The Bingo Association, said:
“I’m sure the constituents of Banff & Buchan who enjoy a visit to their local bingo club will be delighted to hear the game they love has received the boost they campaigned so hard for.
“Bingo operators identified a programme of investment that would be freed up by the tax reduction. Now that’s happened, I look forward to seeing the investment and modernisation that will take the industry forward.
“I’d like to thank the Government for listening to the concerns of bingo players, and thank Eilidh Whiteford for her support for a fair rate of taxation for bingo clubs.”