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Autumn Budget: Bookies hit with £1.1bn gambling tax hike

Autumn Budget: Bookies hit with £1.1bn gambling tax hike

Rachel Reeves has unveiled sweeping changes to gambling taxation which are set to reshape the UK betting and gaming industry in her Autumn Budget. The measures, first leaked by the Office for Budget Responsibility (OBR) ahead of the Budget itself, are estimated to raise £1.1bn by 2029‐30. In her announcement, Reeves confirmed a tax rise [...]

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