Upping the Ante: Donohoe’s betting tax hike already causing job losses

Upping the Ante: Donohoe’s betting tax hike already causing job losses

Bookies are feeling the squeeze after the government doubles the duty on their income

‘Dear customer,” the A4-size notice sellotaped to the front window of Fox’s bookmakers in Navan began. “As the result of Paschal Donohoe increasing the betting duty bookmakers pay by 100 per cent in the 2019 Budget, it is not possible for this shop to remain open. It is physically and morally impossible for any business to pay more than it actually makes.”

The Minister for Finance’s tax hike – what was a 1 per cent...

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