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Wednesday 9th July 2025
   

BHA Fights Back Against Proposed Racing Tax Hike

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The British Horseracing Authority (BHA) is taking a firm stand against the UK government’s latest tax proposal, which could significantly impact the future of horse racing in the country. The proposed increase would align the current 15% tax on horse racing bets with the 21% duty applied to online gambling. This has sparked outrage from industry leaders, who fear that such a change would devastate racing’s already delicate financial ecosystem.

In response, the BHA has launched its “Axe the Racing Tax” campaign. Set to roll out this summer, the campaign will urge the public and stakeholders alike to oppose the tax hike. According to the BHA, the increase would lead to a sharp decline in revenues flowing into the sport via the Levy, media rights, and sponsorships. Racing is one of the UK’s most beloved sports, and such financial damage could threaten its survival, especially in rural communities heavily dependent on the industry.

As the pressure mounts, more punters are turning to betting sites not on GamStop to continue enjoying racing action without the constraints imposed by UK-licensed platforms. These non-GamStop sites offer greater flexibility, better odds, and fewer restrictions on bonuses and stakes. They are especially popular among experienced bettors who seek wider market options and a more tailored experience. For fans of horse racing, these sites present an appealing alternative for placing wagers while avoiding the potential price hikes that could come from increased taxes on UK platforms.

The financial threat posed by this harmonisation of remote gambling duties is substantial. Experts suggest the racing industry could lose as much as £66 million if the proposed 21% tax is implemented. Higher rates, such as 25%, 30%, or even 40%, could push losses up to £160 million. Such a financial black hole would not only shrink racing’s ecosystem but also jeopardise thousands of jobs in the broader racing economy, including trainers, stable staff, broadcasters, and event organisers.

The BHA has issued a formal rejection of the proposed tax increase and is preparing a comprehensive response to the Treasury’s ongoing consultation. The Authority believes this move would deal a blow to Britain’s standing in international horse racing and potentially hinder the nation’s acclaimed efforts in equine welfare. The fear is that increased operator costs will lead to a drop in racing coverage, fewer sponsorship deals, and smaller prize purses — all of which would erode the sport’s appeal and financial sustainability.

Support for the BHA’s stance has already begun to build. Treasury Minister James Murray MP has pledged to work with the racing industry to ensure there are no unintended consequences. However, the BHA is not waiting passively for political resolutions. CEO Brant Dunshea has stressed the importance of uniting behind the campaign, calling the proposal “one of the gravest risks to racing the sport has ever seen.”

Dunshea’s message is clear: the time to act is now. With rising costs and mounting pressures from regulatory shifts, the BHA warns that the government’s tax plan could destroy the fragile balance keeping British horse racing afloat. The concern extends beyond elite events and major racecourses to the grassroots operations that form the bedrock of the sport.

The campaign aims not only to reverse the proposed tax increase but also to raise public awareness about the economic value and cultural importance of racing. It’s a sport that contributes significantly to the UK economy, particularly in rural regions, and serves as an institution that many hold dear. A broad coalition — including racecourses, bookmakers, and punters — is expected to back the BHA’s public lobbying over the coming weeks.

Beyond the financial implications, many in the industry are questioning the timing and fairness of the proposed tax alignment. Racing stakeholders argue that unlike general online gambling, horse racing delivers unique community and cultural benefits that must be preserved. Raising taxes could stifle investment and undermine efforts to modernise and grow the sport.

As the campaign gathers momentum, all eyes are now on the Treasury and how it responds to industry feedback. Meanwhile, those most passionate about racing are expected to make their voices heard. Whether the government will back down remains to be seen, but one thing is certain — the British racing community is ready to fight.