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Betting levy may be scrapped

FINANCE Minister Brian Cowen has confirmed that he is reviewing the future of the betting levy.

Betting levy may be scrapped

Sat, 18 Jun, 2005 - 01:00

Mr Cowen has set up a working group to consider changing the 2% levy into a tax on bookies’ gross profits.

This is money left after bookies pay out on winning bets and was introduced in Britain a number of years ago.

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Courts Place: Britain Person: Brian Cowen Person: Cowen

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