Partly Cloudy

Partly Cloudy

max temp: 16°C

min temp: 15°C

Search

Budget 2014: Therese Coffey MP celebrates ‘full house’ as bingo duty halved to 10% by Chancellor George Osborne

PUBLISHED: 16:06 19 March 2014 | UPDATED: 16:06 19 March 2014

Suffolk Coastal MP Therese Coffey was one of more than 50 MPs to support the Boost Bingo campaign, run by the Bingo Association, which called for the levy to be reduced to 15% to bring it into line with other gambling activities.

Suffolk Coastal MP Therese Coffey was one of more than 50 MPs to support the Boost Bingo campaign, run by the Bingo Association, which called for the levy to be reduced to 15% to bring it into line with other gambling activities.

Archant

A Suffolk MP has joined bingo players in celebrating the Chancellor “exceeding expectations” with his announcement that duty will be halved to 10%.

Suffolk Coastal MP Therese Coffey was one of more than 50 MPs to support the Boost Bingo campaign, run by the Bingo Association, which called for the levy to be reduced to 15% to bring it into line with other gambling activities.

It gathered more than 330,000 petition signatures and Ms Coffey has today insisted that their efforts have “more than paid off” after bingo duty was halved to 10% in the Budget.

“It is a full house,” she said, saying it meant bingo clubs across the county could now fulfil their commitment to invest in new premises, modernisation and jobs.

“I am thrilled. I was hoping to get 5% but this is very good news and is very welcome.

“It allows the industry to put more in to venues and invest in facilities and maybe increase the number of jobs and sessions of bingo, which is a great social activity for people of all ages. It will provide a welcome boost to everyone.”

The Chancellor said the number of bingo halls had “plummeted by three-quarters over the last 30 years”.

The Bingo Association has blamed the higher tax rate for hall closures and the loss of almost 2,000 jobs.

The cut brings the tax on bingo below the 12% imposed on National Lottery tickets, the 15% for bookmakers and the rate applied to fixed-odds betting terminals, which the Chancellor raised to 25%.

Bingo Association chief executive Miles Baron said: “This is the most fantastic news.

“Everyone is absolutely delighted.

“The decision to reduce duty by 10% means bingo clubs will get an even bigger boost than we had hoped for.

“Bingo operators identified a programme of investment that would be freed up by a 5% tax reduction.

“Now that we have secured a 10% reduction, operators will be relooking at their investment and modernisation plans, to stimulate the industry.

“Bingo fans across the country will be celebrating today.”

Comments have been disabled on this article.

Thousands of families and eager festival-goers braved the changeable weather this weekend to enjoy top bands, food and art at Jimmy’s Festival.

Trains running to and from London Liverpool Street are being delayed, cancelled and revised as a result of a signalling issue this evening.

Suffolk New College is launching its summer programme of sports sessions for youngsters this week.

This is the story of the Neptune Inn in Fore Street, but before we learn of its history there are two diversionary tales, writes John Norman.

Top international speakers and academics gathered at the University of Suffolk last week for the Children and Childhoods Conference.

A primary school in Ipswich has failed to improve its Ofsted rating despite converting to an academy, it has been revealed.

Dementia-friendly care homes, forward-thinking mental health services and a café for people with disabilities are among those through to the final of the 2017 Suffolk Care Awards.

Imagine a music festival featuring Queen, Oasis, and The Jam in the heart of Ipswich’s Christchurch Park.

Pupils at Farlingaye High School in Woodbridge saw in the holidays with a ‘festival-like’ acoustic evening.

Screen Suffolk bosses have said they are encouraged by the amount of interest shown in youngsters for a career in TV and film.

Most read

Show Job Lists

Topic pages

Newsletter Sign Up

Sign up to receive our regular email newsletter
MyDate24 MyPhotos24