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

mack341

Senior Member
Joined
May 8, 2018
Location
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:
 

mack341

Senior Member
Joined
May 8, 2018
Location
south east england
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.
 

JGslots

Ueber Meister
webmeister
PABinit
Joined
Feb 12, 2013
Location
Wales
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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