William Hill in line for as much as £150m VAT reimbursement

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London-listed gaming operator William Hill might get well as a lot as £150m from HM Income and Customs (HMRC) after the UK tax authority confirmed that it’ll not search to attraction a tribunal ruling on the applying of value-added tax (VAT) on gaming machines.

The Higher Tier Tribunal ruling dismissed HMRC’s attraction of an earlier ruling in favour of Rank Group and Betfred proprietor Executed Brothers, who had argued that HMRC had incorrectly utilized VAT on income […]

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