BHA suspends four UK race meetings in tax protest
The British Horseracing Authority suspended four UK race meetings on 10 September, reportedly as part of a protest against a proposed increase in betting tax. The proposal would raise the rate on horse racing and sports betting from 15% to 21%; the BHA said its campaign petition had received more than 12,000 signatures.
The proposed tax rate change could affect the tax burden on UK racing and sports betting operators.