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Telegraph

Double tax take could mean number's up for bingo clubs

Britain's leading bingo operators have warned Chancellor Alistair Darling that the Treasury will be out of pocket unless it scraps VAT on products at their clubs.
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In a letter signed by the industry's most senior executives, the operators warn that the ongoing double-tax regime for bingo risks club closures and a consequent decline in tax take for the Treasury.
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"Based on current projections, the net cost of removing VAT at this point is likely to be revenue positive to the Government when compared with the cost of clubs closing," the executives say in the letter signed by eight bingo chiefs, including Rank boss Ian Burke and Gala head Neil Goulden.