PARLIAMENTARY WRITTEN QUESTION
(2 June 2025)
Question Asked
Asked by:
Jack Rankin (Conservative)
Answer
There has been ministerial engagement between my Department and His Majesty’s Treasury to ensure that they are aware of the specific way British horseracing is funded and the potential implications of any changes to taxation.
Future proposals on taxation are a matter for His Majesty’s Treasury. We would encourage interested parties and stakeholders to engage with ongoing consultations on the matter, which run until the 21st of July. Should legislative change be brought about following this consultation, we expect the impact of such changes to be outlined in tax and impact notes published alongside, as is standard practice.
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