Horserace Betting Levy

The UK Government will look into the timetable for reviewing the Horserace Betting Levy, and the news has been welcoming by the British Horseracing Authority (BHA). Not due for a review until 2024 under the current legislation, the Horserace Betting Levy is now on the table for next year. The ongoing COVID-19 pandemic has magnified the funding issues of the industry, and the COVID-19 Recovery Plan, published in August, called for an urgent review as part of a wider initiative to restore industry finances. After the review was published, the...