HMRC's big bet on prize draws and competitions

Earlier this year, we examined the VAT implications of online prize draw ticket sales. Since then, further developments, public information and recent advisory work have provided greater insight into this area.

Our experts will discuss the complex nature of HMRC's recent nudge letter and challenges in the prize draw sector in relation to VAT and the underlying regulatory issues underpinning this sector and their views on what action businesses in this sector should be proactively taking.

The webinar will cover:

• The current UK VAT landscape for online prize draws
• Recent developments and emerging trends
• HMRC’s focus and areas of scrutiny
• Practical considerations for businesses
• Key takeaways for operators and advisers.

We hope you can join us for this informative update.