An open letter to the Chancellor asking the Government to #AxeTheRacingTax

British racing has written an open letter to the Chancellor of the Exchequer expressing our concern over the Treasury’s proposed gambling tax harmonisation policy.

It is a policy that risks causing irreversible damage to Britain’s second-largest sport, and while we acknowledge that the Treasury is preparing its Budget against a challenging financial backdrop, there are clear risks to the Government – political, economic, social and cultural – in pressing ahead with this damaging tax hike.

The letter, which has been signed by 363 racing professionals including some of the sport’s biggest names, outlines those risks to the Chancellor, and asks her to rethink this approach. Click to read.

For an update on the recent political activity of the BHA Corporate Affairs team relating to the #AxeTheRacingTax campaign, read our latest blog here.