BHA cancels four race meetings over proposed betting tax rise
The British Horseracing Authority (BHA) cancelled all UK race meetings scheduled for 10 September to protest the government’s proposed tax increase on horse-racing betting. The four meetings at Lingfield Park, Carlisle, Uttoxeter and Kempton Park will be rescheduled; the proposal would raise the rate from 15% to 21%. The BHA said its research estimates an annual £66 million cost to the industry and 2,752 jobs at risk in the first year.
The proposed rate increase and cancelled fixtures affect racing operators and the industry’s employment outlook.