A recent tax tribunal upheld a taxpayer’s appeal in respect of remote gaming duty.
Liam McKay explains why.
In L & L Europe Ltd v HMRC [2024] UKFTT 00144 (TC), the First-tier Tribunal (FTT) allowed the taxpayer’s appeal against HMRC’s assessment of underdeclared Remote Gaming Duty (RGD), finding that cashback payments constituted prizes won, for the purposes of section 157, Finance Act 2014 (FA 2014).
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