01-08-2025
Nigel Farage urges Chancellor not to hike gambling taxes for horse racing
Farage's comments come after a horse racing insider voiced fears Labour could 'destroy' the industry
NIGE TURF WAR Nigel Farage urges Chancellor not to hike gambling taxes for horse racing
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NIGEL Farage enjoys Glorious Goodwood yesterday — as he called on Chancellor Rachel Reeves to not hike gambling taxes.
The Reform UK leader warned of enormous damage if the 15 per cent duty is aligned to the 21 per cent for online casino-style games.
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Reform leader Nigel Farage has warned that horse racing should be separated from the proposed Labour bill
Credit: David Hartley
He said: 'I do think horse racing is different.
"You're making an individual decision each time to have a bet.
"There are checks and safeguards in place already.'
The racing industry says finances will be badly hurt if the current rate is increased for online games.
A Treasury consultation on the issue has now closed.
He was speaking out as he attended the West Sussex racecourse as a guest of Scottish Dubai-based businessman Dr James Hay, who has previously donated to the Tory party.
His wife Fitriani has also given £50,000 to Reform UK last year.
Horse trainer John Gosden has warned British horse racing will be harmed by the punishing new betting tax.
"I don't want to see our industry destroyed. It would be tragic. We are world leaders."
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