TAXATION OF BINGO

That this House recognises the important social and community role that bingo plays across the United Kingdom; believes the current 20 per cent. gross profit tax on bingo should be lowered to 15 per cent. to bring it in line with taxation on other forms of gambling; and supports a new report by the Bingo Association and Ernst and Young that demonstrates that such a reduction in taxation would have significant benefits for the Exchequer and would raise an additional 65 million in the period from 2011 to 2014.