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HMRC withdraws bingo VAT appeal against Rank

7th December 2011 8:49 am GMT

Following last month’s ruling by the European Court of Justice which backed Rank Group’s claims that the UK’s VAT law was in breach of the EU law principle of fiscal neutrality, Her Majesty’s Revenue & Customs (HMRC) has confirmed that it will not contest the company’s claims for overpaid VAT on bingo any further.

The ECJ ruling in November confirmed the findings of successive UK courts for Rank’s bingo claims totalling £253.4m including interest.

In view of [...]

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