Football Pools operator Sportech plc has confirmed that it has formally lodged an appeal to the independent First Tier Tax Tribunal for the repayment of more than £40m in VAT overpaid to Her Majesty's Revenue & Customs (HMRC).
Sportech had submitted a claim to HMRC in April 2009 for an amount in excess of £40m in respect of the company’s ‘Spot the Ball’ game which was offered between 1979 and 1996, which if successful, would be [...]