Re­tail­ers cheer le­gal win on cash ma­chines

Western Morning News (Saturday) - - Uk And World News -

Some of Bri­tain’s big­gest su­per­mar­kets have won a long-run­ning £400 mil­lion le­gal dis­pute over busi­ness rates paid on cash ma­chines.

The Court of Ap­peal has ruled in favour of a case brought against the Gov­ern­ment’s Val­u­a­tion Of­fice Agency (VOA) by re­tail giants in­clud­ing Tesco, Sains­bury’s and the Co­op­er­a­tive Group, which means they will not have to pay busi­ness rates sep­a­rately on “hole in the wall” cash ma­chines at­tached to shops.

The de­ci­sion paves the way for £200 mil­lion of back­dated rates re­funds to re­tail­ers and spares them re­lief over mul­ti­mil­lion-pound fu­ture tax bills. The Court of Ap­peal has also re­fused the VOA leave to ap­peal the de­ci­sion to the Supreme Court, al­though it can pe­ti­tion the court to hear an ap­peal.

Re­tail­ers had been fac­ing a mam­moth £44.5 mil­lion bill for ATM rates this year across Eng­land and Wales ac­cord­ing to real es­tate ad­viser Al­tus. It came af­ter a rul­ing last year up­held a de­ci­sion in 2013 that cash ma­chines built into the front of a shop or petrol sta­tion should have a sep­a­rate busi­ness rates bill.

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