Bingo Taxes Reduced
We have decided to add a paragraph to this article as it seems the Boost Bingo Petition Campaign has been a success. The Tory Government (a bit bizarre) has reduced the taxes that a Labour Government had imposed on land-based bingo. This had the effect of strangling investment and the closure of many bingo halls in the United Kingdom. We have therefore taken the liberty of changing the link below from the petition to the article covering the reduction in taxes.
The Boost Bingo campaign which is calling for a Bingo Tax rate cut comes to a head this Wednesday with the handing over of a petition with over three hundred thousand signatures on the petition.
This Bingo Tax cut petition includes members of the public and sitting members of parliament. The petition will be handed over to officials at HM Treasury in Westminster.
The Boost Bingo campaign is, of course, the movement which has called for the removal of unfair taxes on the land-based bingo clubs around the United Kingdom.
If you did not know that Bingo Halls pay an extra 5% in tax compared to all other forms of gambling then you do now.This is a patently unfair extra tax on a form of entertainment that is enjoyed by millions in the UK.
This increased tax level has led to the decimation of the game of bingo via bingo halls in the United Kingdom.
Communities have been left without a social activity and these bingo halls have in the main been replaced with nothing apart from empty buildings.
We are not taking a pop at any political parties but the fact is that the extra taxation did come in under a Labour Government.
The current Coalition Government has dragged its heels preferring to keep the Tax Revenues coming in and not heeding the Big Society calls that David Cameron made.
There is no reason for Bingo to be taxed at 20% when Horse Racing and Casino activities are taxed at 15%. This is simply a case of using the most popular form of entertainment in the UK, that is the game of bingo, to generate extra taxation revenues.
Even though a huge amount of signatures on the petition there is still time to add to the number of people who support this campaign. You can do so online via the Boost Bingo Petition here.
Take the time (2 minutes at most) to make a stand and ask the Government for a bit of fairness.
