Market leading insight for tax experts
View online issue

VAT focus: Rank – VAT and gaming machines

Speed read

The recent victory for HMRC in HMRC v The Rank Group PLC [2013] EWCA Civ 1289 was the result of a new argument put forward for the first time in the Court of Appeal as to the VAT treatment of the slot machines in dispute. The decision demonstrates that the meaning of terms in VAT legislation will often carry the same meaning as similar terms used in regulatory law, particularly when it is clear the draftsman had that intention. However, this is not the end of the road by any means for Rank, and leave to appeal to the Supreme Court has already been sought.

If you or your firm subscribes to Taxjournal.com, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or 'customer.services@lexisnexis.co.uk' for further assistance.
EDITOR'S PICKstar
Top