# Finance Act 2007, Section 7: Rates of gaming duty


(1) For the Table in section 11(2) of FA 1997 substitute—
“
Table
Part of gross gaming yield
Rate
The first £1,836,500
15 per cent.
The next £1,266,000
20 per cent.
The next £2,217,500
30 per cent.
The next £4,680,000
40 per cent.
The remainder
50 per cent.
”
(2) In section 11(3) of that Act, for “40 per cent” substitute “ 50 per cent ”.
(3) The amendments made by this section have effect in relation to accounting periods beginning on or after 1st April 2007.

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Source: https://www.legislation.gov.uk/ukpga/2007/11/section/7 (the official version)
Page: https://openlegislation.uk/finance-act-2007/section-7
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.