MPs want bingo tax cut to halt club closures

The bingo industry employs more than 16,000 people in clubs around the UK .A group of 54 MPs is backing calls to cut gambling taxes on bingo.  Industry lobby group the Bingo Association say levies on the game should be brought into line with other forms of gambling. Bingo halls' profits are taxed at 20% compared with a 15% rate for bookmakers and fixed odds betting, and 12% on the price of a lottery ticket.

 17 January 2014