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Casino Beacon > Online Casinos > New Casino Bonuses > Bonus Archive 26 February 2009 Bingo VAT Cut Rejected The Government's destruction of the UK's Bingo industry continues with news that bingo halls will not have their VAT rates cut - despite reports that the tax is forcing clubs to close with the loss of thousands of jobs. Following the damage caused to the UK's leisure industry by the highly unpopular Smoking Ban, Exchequer Secretary Angela Eagle ruled altering the bingo tax system would not be an "appropriate solution". Liberal Democrat MP John Hemming had called for VAT to be scrapped, claiming other forms of gambling pay 15% while bingo halls cumulatively face 32%. |
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