British Horseracing provides an unprecedented protest against government tax proposals


The British Horseracing Authority (BHA) confirmed that no race meeting would take place in Great Britain on Wednesday, September 10, while the industry establishes a high-level position against the tax proposals of the British government.
The administration of work in power proposed to introduce a single unified rate for online Paris tasks, but the BHA insists that this would create “devastating consequences” for horse races, which are around five million people a year and supports 85,000 jobs across the country.
Due to the proposed tax increases, British Racing intensifies his plans for his “Axe The Racing Tax” campaign, before the British chancellor’s fall budget. This includes the unprecedented decision not to keep any racing meeting on September 10.
In the United Kingdom, horse races take place almost every day of the year, so this action will make a big declaration. In addition to bad weather, the equine virus or national emergencies (such as the Pandemic COVID-19), it will be the first time in modern history that no race will take place by a “normal day”, due to the demonstrations against the plans of the government.
The scheduled horse racing meetings on September 10 at Lingfield Park, Carlisle, Uttoxeter and Kempton Park will now be reprogrammed, with the action completed by a large -scale demo in Westminster, taking demonstrations at the heart of the British government.
Senior industry figures will be joined by horses, coaches, jockeys and other enthusiasts to highlight their opposition to the tax increases offered, on an industry that was worth 4.1 billion pounds Sterling ($ 5.6 billion) to the British economy.
The tax increase in races could be catastrophic
Brant Dunshea, director general of the British Horseracing Authority, explained the justification for the unprecedented protest action and why this counts so much.
“The British race is already in a precarious financial situation and research has shown that a tax increase in the race could be catastrophic for sport and the thousands of jobs based on cities and communities across the country,” he said.
“This is the first time that British races have chosen not to run due to government proposals. We have not made this decision lightly, but in doing so, we urge the government to rethink this tax proposal to protect the future of our sport, which is part of British heritage and culture. ”
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The Paris and Games Council is opposed to breed cancellations
The economic research commanded by the BHA indicated that the alignment of the existing tax of 15% on the British rate paid by bookmakers with the 21% tax on the online games of chance could lead to a black hole of 330 million pounds sterling ($ 447 million) for the race industry during the first five years of the policy.
Indeed, Paris operators would probably aim to compensate for the impact of tax increases by increasing prices, reducing bonuses, as well as reducing advertising expenses.
It was also predicted that 2,752 jobs could be threatened during the first year of the policy due to planned discounts.
Indeed, Paris operators should seek to compensate for any tax increase by increasing prices, reducing bonuses and reducing advertising and marketing budgets.
The United Kingdom Betting and Gaming Council (BGC), which recently exploded proposals to hike tax on the game, commented to question the decision to postpone the race meetings, as well as the lack of consultation with the operators of Paris.
The Council gave a conciliatory tone, expressing its concern that “futile political gestures will only contradict the government and frustrate the bettors instead of providing a solution to a common challenge with which both the race and the bets are faced.”
He declared his commitment to work with the “constructively” race industry to prevent any increase in additional taxes, while defending his own position and his significant contribution to the British economy.
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