Section 45 Gaming duty: rates

(1)

In section 11(2) of FA 1997 (rates of gaming duty), for the table substitute—

“
TABLE
Part of gross gaming yield Rate
The first £2,423,500 15%
The next £1,670,500 20%
The next £2,925,500 30%
The next £6,175,500 40%
The remainder 50%
”.

Part of gross gaming yield	Rate
The first £2,423,500	15%
The next £1,670,500	20%
The next £2,925,500	30%
The next £6,175,500	40%
The remainder	50%

(2)

The amendment made by this section has effect in relation to accounting periods beginning on or after 1 April 2017.