Uk govt has to pay fobt sector back 600m tax paid


Meister Member
May 8, 2018
south east england
More sloppy governance means bookies etc are getting another nice payday from the fobts

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On the back of this legal judgement, the times yesterday ran a story that in the end it could run to £ billions of tax refunds, what a cock up.

Edit: Alternative title, more tabloidy...revenge of the fobt merchants :oops:
I'm sure i remember that sector arguing against fobt reforms because they were a good source of tax dough for the chancellor, though that might be the old memory playing tricks, I bet the champagne was flowing, the legal persons hired probably enjoyed a nice little earner too.
I think it was over the section 16/21 machines. They basically had very little or no regulation in the early days. One of the large companies won the case, so they’re all jumping on the bandwagon.

Rob :)

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