He is scrapping the system in which the Government collects betting duty of 6.75 % from bookmakers , which is passed on to punters in a 9 % tax .
Chancellor Gordon Brown announced that bookmakers would be taxed on their gross profits at a rate of 15 % .
Gordon Brown is scrapping the system in which the Government collects betting duty of 6.75 % from bookmakers , which is passed on to punters in a 9 % tax .
Chancellor Gordon Brown announced that bookmakers would be taxed on their gross profits at a rate of 15 % .