Tags:
betfred, UK, VAT Posted on 29 August 2021 by "T".
This week marks a win for the UK gambling machine owners as HM Revenue and Customs, the tax authorities in the UK, decided not to appeal a test case that they lost in June.
Rank Group, owner of Grosvenor Casinos and the Mecca Bingo chain, had emerged victorious in the courts and then at a tribunal over Value Added Tax applied on slot machines.
When the Revenue and Customs decided not to appeal t[...] Read more » VAT Court Case a Big Win for the UK Gambling Industry
Joined: Jan '14
Location: Romania
Age: 45 (M)
Posts: 13838
the best news for gambling machine owners in the UK. Now they could supplement certain prizes, to be generous with their customers. I think that would be a good move.
Joined: Dec '11
Location: Uruguay
Age: 37 (M)
Posts: 1025
The government always trying to get its cut. Wherever he sees that there is money, he seeks to find a way to establish a tax and keep some of the money. In this way, investors are discouraged. I approve this decision of the court, and hopefully similar cases will occur in different regions. One thing is to collect, another is to abuse. 99 million euros is quite exaggerated
Joined: Dec '14
Location: Greece
Age: 41 (M)
Posts: 2353
If I understood correctly , the government will not go fora second round at the courts with the gambling casinos so as to win the case , so that's big win for them , they will take this money for sure , but I guess there might be a compromise in the end , in order to get as much money as soon as possible , especially these times of crises .....
Joined: Dec '14
Location: Greece
Age: 41 (M)
Posts: 2353
The so powerful very big established casinos have to go to courts to find justice and get their money back , due to these bad unjustified more taxes , just imagine the small or very small businesses , completelly at the mercy of the governments and the ones who control them .....
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 22753
Well,in most countries goverment do things like this and do what they want,just depend is it law and court on side of people and workers or they work with goverment!in this case they show how things should work!nice job!
Joined: Dec '11
Location: Uruguay
Age: 37 (M)
Posts: 1025
Unfortunately it is so; governments look for a way to, in some way, tax whatever it is. Sometimes they do it through a disguised tax, and other times in a more blatant way. Luckily, in this case, the law did not agree with the government
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 22753
when you have judge who have nothing with politic and goverment,then he can make decision like this,no matter who will get money!that he look how things are really,not that he choose side!we all know what decision would be in our countries!
Joined: Dec '11
Location: Uruguay
Age: 37 (M)
Posts: 1025
Unfortunately sometimes the law (and sometimes it is a saying, because it is most of the time) does not act independently and impartially when the State itself is involved, at least in matters of taxes and other tributes.
Joined: Dec '14
Location: Greece
Age: 41 (M)
Posts: 2353
Taxes here , taxes , there , taxes everywhere , not only small businesses struggle for their survival , but also bigger ones or the biggest can have problems with their profits or winnings , due to government's greedy lust for moremoney . They someone successfull they also want to impose new taxes , new ways to take proportions or partsof thism money , casinos are no exceptions , despite some of them being very big multi million or billion businesses ,they are also victims and ofcourse online casino and poker , terrible taxes to pay everytime . Unfair .
Joined: Dec '11
Location: Uruguay
Age: 37 (M)
Posts: 1025
Although normal people do not receive anything directly, they may in some way benefit from it in the future (or perhaps not). taxes make products reach the final consumer more expensive. then when the tax is eliminated or that it is not so expensive, it may in some way imply some benefit in the future (it will depend on each room, of course).
Joined: May '09
Location: Croatia
Age: 39 (M)
Posts: 22753
yeah,we cant say that players will have something from this,only this companies,but still we see how now matter how much money you have and how big you are,judge can change everything and can back money to people!in normal country,system works like this!
