Introduction Details of the Section
2.Subsection (2) removes Note (1)(b) to Group 4, which was the basis of taxation for participation fees.
3.Subsection (3) removes Notes (5) to (11) from Group 4. These notes are now unnecessary, because they listed various categories of exceptions to the taxation of participation fees.
4.Subsection (4) revokes the Value Added Tax (Betting, Gaming and Lotteries) Order 2007 (S.I. 2007/2163). This Order updated the law on participation fees in the light of the Gambling Act 2005.
5.Subsection (5) removes sections 19(3)(b) and 26E(2) of the Betting and Gaming Duties Act 1981, and section 11(9)(a) of the Finance Act 1997. These sections are now unnecessary as they required the VAT element of participation fees to be ignored for the purposes of calculating bingo duty, remote gaming duty and gaming duty respectively.