*IFX Investment Company Ltd and others v Revenue and Customs Commissioners

Value added tax – Exemptions. The Court of Appeal, Civil Division, in allowing the appellant taxpayers' appeal, held that there was no hard and fast rule or presumption about inter-player participation in a 'game' for the purposes of the Gaming Act 1968, and the First-tier Tribunal (Tax Chamber) had made no error of law in having concluded that 'Spot the Ball' was a 'game of chance'.

Category: