# Finance Act 1998, Section 11: Rates of gaming duty.


(1) For the Table in section 11(2) of the Finance Act 1997 (rates of gaming duty) there shall be substituted the following table—
“
Table
Part of gross gaming yield
Rate
The first £450,000
2½ per cent.
The next £1,000,000
12½ per cent.
The next £1,000,000
20 per cent.
The next £1,750,000
30 per cent.
The remainder
40 per cent.
”
(2) In section 11(3) of that Act (rate of duty for unregistered gaming), for “ 131/3per cent." there shall be substituted “ 40 per cent. ”
(3) This section has effect in relation to accounting periods beginning on or after 1st April 1998.

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Source: https://www.legislation.gov.uk/ukpga/1998/36/section/11 (the official version)
Page: https://openlegislation.uk/finance-act-1998/section-11
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.