BHA Issues Rallying Cry Against 'Devastating' Tax Hike Proposals

‘Axe the racing tax’: BHA urges the sport to call on Government amid claims of £66m in lost income | Topics: British Horseracing Authority, BHA

Article by British Horseracing Authority: The British Horseracing Authority (BHA) on Wednesday [July 2] urged the sport collectively to lobby the Government to back British racing and axe the Treasury’s proposal to hike tax on horserace betting by bringing existing online betting duties into one single rate.

BHA Issues Rallying Cry Against 'Devastating' Tax Hike Proposals

The British Horseracing Authority (BHA) has urged the sport to collectively lobby the Government to back British racing and axe a proposal from the Treasury which could hit racing's finances to the tune of £66m in lost income. Those figures were published by the BHA for the first time on Wednesday, highlighting the potentially catastrophic consequences of the proposal to hike tax on horserace betting by bringing existing online betting duties in…