US EditionBritish horse racing to go on strike over betting tax rise
British horseracing industry plans a one-day strike to protest a proposed betting tax increase from 15% to 21%, risking £66 million in annual losses and 2,752 jobs, the British Horseracing Authority said.
- British racing will stage a one-day strike on September 10 by cancelling four fixtures at Carlisle, Uttoxeter, Lingfield Park, and Kempton to protest a proposed betting tax rise.
- The strike is a reaction to the Treasury’s proposal to consolidate the current online gambling taxes into one Remote Betting and Gaming tax, which would raise the rate on horse racing profits from 15 percent to 21 percent.
- Industry leaders warn this tax rise threatens £66 million in annual income, endangers 2,752 jobs, and risks irreversible damage to a sport central to British culture and communities.
- The Jockey Club’s CEO emphasized that the temporary halt is intended to give the Government an opportunity to fully grasp horseracing’s economic value and cultural importance, with the goal of avoiding lasting damage to the sport.
- The cancelled meetings will be rescheduled, and the strike highlights calls for the Government to reconsider to protect British racing’s future amid financial precariousness.
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9 Articles
UK horse racing strike over betting tax rise
Four fixtures on September 10 – Carlisle, Uttoxeter, Kempton and Lingfield Park – are set to be called off as British racing prepares a one-day walkout in protest at a proposed rise in betting tax on racing profits from 15 per cent to 21 per cent. Racing’s leaders say the Treasury plan would bite hard. The British Horseracing Authority (BHA) argues the change would strip around £66 million a… Source
British Racing Called Off For One Day as Axe The Racing Tax Campaign Gathers Pace
In an extraordinary move by the British Horseracing Authority (BHA), no race meetings will take place in Britain on Wednesday, September 10. The refusal to race is a protest at the British government's proposed tax rise on horserace betting, which, if approved, would bring it in line with betting on online gaming, pushing it up from 15 per cent to 21 per cent. This will be the first time that the sport has voluntarily refused to race in its mode…
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