Machines VAT litigation is never Done ………

Posted 27th July 2018 / No comments

Bookmakers again find themselves in the media spotlight. Betfred has successfully appealed to the First Tier Tax Tribunal that it wrongly accounted for VAT on income generated from Fixed Odds Betting Terminals (FOBTs) between 2005 and 2013. Media sources suggest that this could be worth £100m in VAT refunds to Betfred whilst the wider industry

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