ommunications sent last week to Chloe Smith MP, Economic Secretary to the Treasury and to the Chancellor, the Rt Hon George Osborne MP, arguing the case for an MGD of 15% for the type 1 standard rate, were supported and signed by the Association of British Bookmakers, British Beer & Pub Association, National Casino Industry Forum, the Bingo Association and Business In Sport & Leisure.
On 9th February, a unified set of proposals relating to the triennial review were sent to the DCMS, supported and signed by BACTA, who coordinated the work for the industry, and also the ABB, BALPPA, BBPA, Bingo Association, CIU, NCIF and the Rank Organisation.
Commenting on the approach, Simon Johnson said: “The two core messages carried greater weight and authority because they were each signed by a cross section of respected organisations representing major employers active across all sectors of the gambling landscape. On MGD, the industry argued that a punitive standard rate for MGD would actually result in a reduction of revenue to the Exchequer and an increase in social cost.”
“This unified approach, which all the Trade associations worked so hard to achieve, serves to strengthen our chance of achieving the changes which the gaming industry needs in order to be able to sustain jobs, investment and innovation. Arguments from a united industry which pays around us$ 15.7 billion in taxes, contributes us$ 39.4 billion to the UK economy and keeps 700,000 people in work are much more likely to resonate with government than a series of individual responses. Government has never before dealt with a united industry and I believe that we can use our common strength to achieve our objectives,” Johnson concluded.