LOOKING FOR BETTING TAX
♦ — Received Wednesdav, 7.30 p.m. LONDON, Dec. 4. Reports that Mr. Dalton has deeided tq introduce a -bets tax in the next Bud get, are ahcad of tlie facts, says the Daily Hcrald 's political correspondent. The trutli is the Chancellor, who is looking for possible new sources of revenue, has asked Treasury oflicials to work out a seheme which would cover all forms of permitted betting. C011 sultations have occurred with people connected with racing 011 the feasibility of a tax based on a percentage of the turnover. Some o.f them think a con siderable sum could be raised but be fore coming to a decision Mr. Dalton lias to eonsider botlt the likely public reaction and the practicability of the plan. He is not anxious to repoat the fiasco of the 1926 betting which had to be abandoned after three years.
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Bibliographic details
Chronicle (Levin), 5 December 1946, Page 5
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146LOOKING FOR BETTING TAX Chronicle (Levin), 5 December 1946, Page 5
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