Tax

Rank Group and Betfred win landmark victory in FOBT VAT dispute

Duo win legal case against HMRC after court rules in favour of operators on EU neutrality

Rank Group and Betfred have won the latest stage of their legal challenge against an HMRC decision to charge VAT on fixed-odds betting terminals (FOBTs) in a multi-million-pound legal case. On Friday, judges at the UK Tax and Chancery Upper Tribunal service ruled that VAT charged on FOBTs was incorrectly levied and should be exempted…

Betfred | FOBTs | Hmrc | Legal | Rank Group | Tax | UK

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