William Hill set for £150m tax refund windfall from HMRC

London-listed operator primed for multi-million-pound boost after HMRC accepts ruling and ends appeal process

William Hill is expected to net a tax refund of between £125m-£150m after HMRC confirmed it would not appeal a court ruling which concluded FOBTs should be exempt from VAT. The London-listed operator filed a “substantially similar” HMRC claim to those previously submitted by the Rank Group and Done Brothers Limited (Betfred). In April, both…

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