Federation of Irish Sport calls for betting receipts tax to fund sports development

irishsports

The Federation of Irish Sports has requested for the government to make additional tax reliefs for national sporting bodies in 2015. The Federation has further requested that the government allocate a portion of the betting tax receipts to sports development projects and development programs.

The Federation made its suggestions, having published its annual review of Irish sports development. The review suggests that the Irish government should aim to widen the distribution of betting tax receipts to all Irish sports development programs, not just horse and greyhound racing as is currently the case.

The redistribution of betting tax duties would form part of a new cross national government sports strategy to significantly enhance Irish sports development and future performance.

The new funding measures will be put forward to senior Irish ministers by Bernard Brogan, President of the Federation of Irish Sports and Dublin GAA Star.

“It is clear that more can be done to sustain the sector in supporting people’s health and well-being, in enhancing our social fabric and in growing our economy. That is why the federation is today calling on the Government to give serious consideration to affording tax relief to the day-to-day spending of sporting bodies, beyond capital spending as pertains now, as well as including all sports – and not just horse and greyhound racing – in the allocation of development funding from betting taxes.”

Sarah O’Connor, Chief Executive, Federation of Irish Sport, believes a master plan for sport is critical for its future development.

Almost nine in 10 Irish people believe that sport has a positive impact on the country’s reputation. It also has a huge effect in combating the significant public health challenges posed by obesity with 89pc of highly active people more likely to report both their weight and diet as healthy.

Check Also

Digitain

Suren Khachatryan, Digitain: Focusing development on the customer’s need for speed

Digitain CCO Suren Khachatryan discusses the company’s new set of offices, why African operators are switching platform …

Scientific Games marks new sportsbook era launching OpenSports suite

Nasdaq-listed gambling technology group Scientific Games Corporation (SGC) has detailed a new dawn for its …

No way back! Spain heads for an inevitable gambling reform

Regardless of the outcome of Spain’s General Election this Saturday 28 April, the ensuing government …