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Sportech to appeal decision against £93m VAT repayment

13th October 2014 6:36 am GMT

London-listed gaming operator Sportech has applied for permission to appeal a court decision that saw Her Majesty’s Revenue and Customs (HMRC) successfully overturn a £93m VAT repayment ruling.

Sportech has filed its application with the Upper Tribunal, seeking approval to lodge an appeal with the Court of Appeal.

It follows the Upper Tribunal’s ruling in favour of HMRC in September, which overturned the ruling of the First-tier Tribunal.  The first-tier Tribunal had awarded Sportech £93m in March [...]

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