Rank Group announces court ruling in favour of HMRC

30th Oct 2013 11:13

Casino firm Rank Group on Wednesday announced that the Court of Appeal ruled in favour of HM Revenue & Customs (HMRC) in relation to claims for overpaid VAT on certain types of amusement machines between 2002 and 2005. Rank said it has subsequently applied for leave to appeal to the Supreme Court over the claims. The claims relate specifically to the £30.8m (VAT of £26.4m, plus interest of £4.4m) overpayment on amusement machines received by the group. NR

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