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MP targets budget boost for bingo
Banff and Buchan MP Alex Salmond has given his backing to bingo’s fight against double taxation and pledged to press the chancellor about it in the budget.
Unlike other gaming industries, bingo clubs are required to pay both VAT on participation fees and gross profits tax. Other industries only pay the latter.
Mr Salmond, who met players and staff at Carlton Bingo on Mid Street, said: “We need to bring an end to this taxation disparity between bingo and other gaming industries.
"I think the most devastating example is that cash bingo gets taxed at 27% whereas a casino gets taxed at 15%, and I don't understand how you can have a situation where a good, working-class innocent pastime like bingo playing gets taxed more than casinos, which clearly are more controversial and problematic.
"The disparity seems unfair and I will be pressing Alistair Darling to do something about it in the Budget. I want him to bring the taxation on bingo halls in line with other forms of entertainment."
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