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HOME > NEWS > Investor News > British Finance Minister includes bingo tax cut in Budget

British Finance Minister includes bingo tax cut in Budget

19 March 2014

LONDON, England -- The British Chancellor unveiled his government's new budget which included good news for bingo halls, The Guardian reported.

Bingo tax will be halved to 10 percent, bringing it into line with tax on sports betting and casinos, the report said.

The tax reduction comes as salve to an industry struggling to keep the doors open and reeling economically from the smoking ban, The Guardian report said.

 
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