Last checked at 30 Oct 2013 11:01
30 October 2013
The Rank Group Plc - Court of Appeal decides in Rank VAT case
The Rank Group Plc ("Rank") notes the decision of the Court of Appeal in favour of HM Revenue & Customs ("HMRC") regarding claims for overpaid VAT on certain types of amusement machines between 2002 and 2005. In May 2010 HMRC paid Rank £30.8m in connection with these claims.
Rank has applied for leave to appeal to the Supreme Court in connection with these claims.
Ends
Contacts:
RankSarah Powell - investor relations www.rank.com | Tel: +44 1628 504 303
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Notes
1) Rank Group's claims
Rank Group has submitted several claims against HMRC pursuant to this litigation. The details of these claims can be found in Rank's annual results.
To view previous announcements concerning Rank's VAT claims please visit
www.rank.com/investors/news.jsp