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Rank to Get £77.5M Refund on VAT Paid on Slot Machine Income

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Casino and gaming operator Rank Group will get a refund of 77.5 million pounds ($104.04 million) after reaching an agreement with Britain’s tax authority over value added taxes paid on slot machine income in 2006-2013, the company said on Monday.

Her Majesty’s Revenue and Customs (HMRC) earlier this year decided not to appeal a decision handed down by the First-tier Tribunal regarding VAT paid on slot machine income in the period from April 2006 to January 2013.

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

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