Commentary

RCB/1/08 VAT—partial exemption—Cheshire Racing tribunal decision

Part V16 Forms and other HMRC material

RCB/1/08 VAT—partial exemption—Cheshire Racing tribunal decision

RCB/1/08 VAT—partial exemption—Cheshire Racing tribunal decision

This Revenue & Customs Brief arcticle announces HMRC's revised policy about recovery of input tax on Satellite Information System (SIS) services received by bookmakers following the Tribunal decision in the cae of Cheshire Racing Ltd (2007) VAT Decision 20283. It updates article 1 in Business Brief 17/06 (BB/17A/06, Division V16.3) that also concerns SIS. It uses a number of specialist terms, which are fully explained in Notice 706 “Partial Exemption” (Part V8).

Background

SIS provided live coverage of horse and dog racing, real time odds, results information and commentary and opinion from pundits. Historically, HMRC's view

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