Tax windfall for William Hill on FOBTs

Home » Tax windfall for William Hill on FOBTs

Bookmaker William Hill had a £150m tax windfall this week when the HMRC, the UK tax authority, dropped an appeal against a court ruling that value added tax was incorrectly applied to revenues earned from gaming machines before 2013.



The company’s shares rose nearly 10 per cent on the news that Her Majesty’s Revenue and Customs had pulled out of the legal action.

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