SNP Treasury spokesman Stewart Hosie MP is calling for fairer taxation on the bingo industry and an end to the double standard currently inflicted on the sector.
Dundee East MP Mr Hosie today (Wednesday) joined a bingo rally in the House of Commons to show his support for the sector.
Bingo clubs are currently hit with a 22% levy while other gaming activities are taxed at 15%. The industry claim unfair taxation has put great strain on business and played a contributing role in the closure of 31 clubs in 2008/09.
Commenting, Mr Hosie said:
“To burden bingo with this over taxation is both unjust and unwelcome. These are difficult times for the bingo industry and the UK Government needs to support the sector rather than adding to the challenges it faces.
“Other gambling products are taxed at a 15 per cent but the UK Government insists on making licensed bingo an exception to the rule. The SNP has kept up the pressure to redress this imbalance by tabling an amendment to the Finance Bill next week.
“The sheer number of people gathering in the House of Commons to stand up for the industry shows the important role bingo halls play in our communities. They are a safe and friendly environment for the whole community, especially older people, to gather together.
“The SNP have long campaigned for a change in this unfair tax policy. To preserve this important industry and to bring bingo into line with other gaming activities, it is time for the UK Government to ditch the double standard.”