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Share Price: 78.60
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Change: -0.60 (-0.76%)
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Court of Appeal decides in Rank VAT case

30 Oct 2013 11:01

RNS Number : 7459R
Rank Group PLC
30 October 2013
 

 

 

 

 

 

 

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

 

 

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

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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