HMRC has lost the latest leg of a long-running VAT battle with a five-a-side football pitch operator. The company Goals Soccer Centres is set for a £500,000 windfall in backdated tax payments, after judges overturned an original ruling that had considered block booking of five-a-side pitches for amateur football leagues should not be exempt from VAT.
The successful appeal removes the potential scenario of Goals charging players in the leagues having to pay an extra £1 on the current £5.50-a-head fee to cover the extra cost.
News of the decision saw share prices in the company rise by 3%.
At this stage, HMRC have not decided whether to appeal but issued a statement following the ruling. A spokesperson said:
‘HMRC is considering the Tribunal's decision and will respond further in due course.’
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