Saturday May 14,2016 : H.M. REVENUE AND CUSTOMS TO FURTHER APPEAL SPORTECH V.A.T. CASE (Update)
Government awaits right to appeal by the Court of Appeal.
Sportech plc's long-running legal battle over VAT with Her Majesty's Customs and Revenue looks set to continue, judging by a statement late Friday put out by the company.
The statement advises:
"Following the announcement on 4 May 2016 that the Court of Appeal found in favour of Sportech in the Group's appeal case relating to a £97m VAT repayment claim on the "Spot the Ball" game, Her Majesty's Revenue & Customs ("HMRC") has informed Sportech that it has asked the Court of Appeal for permission to appeal to the Supreme Court against the decision.
Sportech has been advised that it should expect to hear whether HMRC have been granted the right to appeal by the Court of Appeal within the next two weeks."