Rank Group, the gaming firm that operates Mecca Bingo and Grosvenor casinos, has won a legal battle with Her Majesty’s Revenue & Customs (HMRC).
The VAT & Duties Tribunal ruled that charging VAT on interval bingo games was against European law and therefore that Rank could claim overpaid VAT of £36.3m.
Interval games – also called mechanised cash bingo or cashline – are played in between the main bingo games. The ruling has opened the door for other bingo operators to claim tax rebates back form HMRC.
Tony McClenaghan, head of indirect tax at Deloitte, which advised Rank, said: “This decision upholds the principles set out by the European Court of Justice in the Linnewebber case. The same principles will apply to any taxpayer, which has paid VAT on this type of bingo.
“It’s a case of eyes down for other taxpayers to consider if they have claims to submit for overpaid VAT and interest to HMRC.”
The news will come us a boost to the troubled industry, which has been left reeling from the effects of the smoking ban.
HMRC has until 10th July 2008 to appeal the tribunal’s decision. Should it decide to appeal, it is unlikely that there will be any material benefit to Rank in the current year.
Rank Group, the gaming firm that operates Mecca Bingo and Grosvenor casinos, has won a legal battle with Her Majesty’s Revenue & Customs (HMRC).
Now mental health is the number one reason for people to join a
health club, do fitness professionals need a grounding in counselling
to offer a more holistic service? Kath Hudson asks the experts
Members are telling us they need support with their mental and spiritual health and the industry is starting to see this need. Now’s the time to fast-track our response
Complaints about group exercise have become a thing of the past for the Reynolds Group
thanks to its partnership with CoverMe, a digital platform that simplifies group exercise
and PT management for clubs and instructors.
As one of the most energy-intensive industries in the UK, leisure facilities face a critical
challenge in balancing net zero goals, funding and increased costs.
Active Reality, a leader in Virtual Reality Freeroam Esports Arenas and GLL, the UK’s largest
operator of municipal leisure centres, have today (3rd May 24) announced an innovative new
partnership that will see a national roll out of gaming technologies within leisure centres
across the country.
Rank Group, the gaming firm that operates Mecca Bingo and Grosvenor casinos, has won a legal battle with Her Majesty’s Revenue & Customs (HMRC).
The VAT & Duties Tribunal ruled that charging VAT on interval bingo games was against European law and therefore that Rank could claim overpaid VAT of £36.3m.
Interval games – also called mechanised cash bingo or cashline – are played in between the main bingo games. The ruling has opened the door for other bingo operators to claim tax rebates back form HMRC.
Tony McClenaghan, head of indirect tax at Deloitte, which advised Rank, said: “This decision upholds the principles set out by the European Court of Justice in the Linnewebber case. The same principles will apply to any taxpayer, which has paid VAT on this type of bingo.
“It’s a case of eyes down for other taxpayers to consider if they have claims to submit for overpaid VAT and interest to HMRC.”
The news will come us a boost to the troubled industry, which has been left reeling from the effects of the smoking ban.
HMRC has until 10th July 2008 to appeal the tribunal’s decision. Should it decide to appeal, it is unlikely that there will be any material benefit to Rank in the current year.
Rank Group, the gaming firm that operates Mecca Bingo and Grosvenor casinos, has won a legal battle with Her Majesty’s Revenue & Customs (HMRC).
Now mental health is the number one reason for people to join a
health club, do fitness professionals need a grounding in counselling
to offer a more holistic service? Kath Hudson asks the experts
Members are telling us they need support with their mental and spiritual health and the industry is starting to see this need. Now’s the time to fast-track our response
As health club operators move to incorporate recovery into their
offerings to meet growing consumer demand, Steph Eaves takes a
look at what cryotherapy and ice bathing can add to the equation
Imposter syndrome about a promotion taught the
CEO of SATS that behaving authentically is the most
important part of leadership. He talks to Kath Hudson
Complaints about group exercise have become a thing of the past for the Reynolds Group
thanks to its partnership with CoverMe, a digital platform that simplifies group exercise
and PT management for clubs and instructors.
As one of the most energy-intensive industries in the UK, leisure facilities face a critical
challenge in balancing net zero goals, funding and increased costs.
Active Reality, a leader in Virtual Reality Freeroam Esports Arenas and GLL, the UK’s largest
operator of municipal leisure centres, have today (3rd May 24) announced an innovative new
partnership that will see a national roll out of gaming technologies within leisure centres
across the country.