Horse racing in Great Britain On 6 October 2001, the Government abolished the turnover-based tax on betting, which had been 9% of the stake or the winnings, the punter having the choice to pay a certain small amount or an uncertain large amount. The tax, now based on gross profit, is now effectively indirectly levied on the punters, the cost being absorbed in the odds that bookmakers offer. The last 10 years in the UK has seen massive growth in online gambling. Punters are now going online to place their bets, where technology gives them access to a greater wealth of information and knowledge. Now
History of the socialist movement in the United Kingdom tax. For the first time in the decade, socialists were able to organise effective opposition, culminating in the "Poll tax riot" on 31 March 1990. Margaret Thatcher's own party compelled her to step down on 22 November that year, and she was replaced by John Major, who abolished the charge in 1991. The CPGB dissolved itself in 1991, although their former newspaper, the "Morning Star", continues to be published and follows the programme of the Communist Party of Britain which was founded in 1988 after an internal crisis in the CPGB led to a split. The Eurocommunists, who had controlled