SolvedSection 183 | Rates of gaming duty
From legislation.gov.uk
(1)In section 11(2) of FA 1997 (rates of gaming duty), for the table substitute—
| Part of gross gaming yield | Rate |
|---|---|
| The first £2,242,500 | 15 per cent |
| The next £1,546,000 | 20 per cent |
| The next £2,707,500 | 30 per cent |
| The next £5,714,500 | 40 per cent |
| The remainder | 50 per cent |
.
(2)The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2013.