Archive · 17 Aug 2025

British Horseracing to Strike Over Proposed Betting Tax Increase

British Horseracing to Strike Over Proposed Betting Tax Increase

British horseracing is going on strike because the government wants to change how it taxes online betting.

Currently, there are multiple taxes, but the government wants to simplify this to one tax.

The racing industry fears this new tax could increase the amount they pay, hurting their finances and potentially causing job losses.

They're worried because the tax on racing could rise, just like it is on games of chance.

This strike means races will be cancelled on a certain day to show the government how serious the problem is.

The government says it's just trying to make things simpler, and it is listening to what everyone has to say.

Sources