Wow.

There you go now.

Via Aoibhinn Ní Shúilleabháin

Previously: Government Is Considering Tax Break For Bookies

11 thoughts on “What Are The Odds?

  1. LeopoldGloom

    Small independent bookmakers to not have to pay the tax on the first 50k they take in per annum. Now it’s all down to what they define as small and independent, (do they mean those that are on track etc, or the one offs in some towns). If so then I guess it’s a relief for a handful of small independent businesses and not much to see here, but could be very open to abuse

    Reply
    1. Stephen

      The amount of relief claimed is kind of irrelevant.
      What matters is the sentiment, you should reduce tax on things you want to encourage and increase it on things you want to discourage.
      This sends the message that the government approves of gambling which is a very bad message to send.

      Reply
      1. Cian

        From a budget perspective the amount of relief claimed is totally relevant.

        Yes, the Irish government approves of gambling, and horse racing and dog racing. See all the tax reliefs on these. There are (perceived) good reasons for this – the industries (especially horse racing) support the local economy and is a huge boost for tourism.

        Is this right? I don’t know.

        Reply
      2. Joe

        The problem is that they do support gambling, look at the funding the horse and dog racing industry gets. They fully support the gambling industry and encourage it.

        Reply
  2. millie vanilly strikes again

    Ah it’s that time of year again.

    The lobbyists have been hard at work and the scent of dirty money is in the air.

    Reply
  3. eoin

    “In recognition of the difficulties experienced by small independent bookmakers I am introducing a relief from betting duty and betting intermediary duty up to a limit of €50,000 per calendar year.”

    €50k a year? I wonder what that would do to childcare providers and if they could reduce prices? Or sports and activity businesses which might use it to offset spiralling insurance costs? Or bicycle stores?

    But no. Betting.

    Reply
  4. Liam Deliverance

    +1 – Will be interesting to see if the opposition have any questions on this tomorrow. I wonder how much the full cost of this tax break is?

    Reply

Leave a Reply

Your email address will not be published. Required fields are marked *