Hmrc Win Vat Appeal Against Sportech Plc

GBP 93 million to be returned to UK Government coffers

The Upper Tribunal (Tax and Chancery Chamber) has ruled in favour of Her Majesty's Revenue & Customs (HRMC), in an appeal case on a VAT repayment claim regarding Sportech PLC's "Spot the Ball" game (see previous InfoPowa reports).

In an initial ruling last year the First-Tier Tribunal found in Sportech's favour resulting in a payment made by HMRC to Sportech of GBP 93 million in June 2014.

Sportech is required to repay the money back to HMRC, however, has until October 15, 2014 to decide whether to seek permission to appeal the ruling.

Online Casino News Courtesy of Infopowa

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The man with the plan here at Casinomeister. Bryan Bailey has been running Casinomeister since its launch in June of 1998. He has watched the industry grow from its primeval stage to what it is now. The Meister has attended nearly 100 conferences in the past 20 years and has either been a speaker or a panel moderator for at least 60 events. He has always been an advocate of fairness and reason and is known to like German beer, a good Scotch, and astrophography.
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