The CEO of the Betting and Gambling Council issued a warning regarding the risks associated with enacting additional tax increases. He clarified that raising taxes might have a disastrous effect on the horse racing industry.
According to him, this adjustment could pave the way for the imposition of higher business taxes. Furthermore, he expressed concern that the Treasury failed to discuss the proposal with the national body in charge of racing and betting.
According to him, this adjustment could pave the way for the imposition of higher business taxes. Furthermore, he expressed concern that the Treasury failed to discuss the proposal with the national body in charge of racing and betting.