Grocers win £400m court battle over having to pay separate business rates on cash machines
Legal win: Supermarkets will not have to pay business rates separately on cash machines
Some of Britain’s biggest supermarkets have won a long-running £400million 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 by the likes of Tesco, Sainsbury’s and the Co-operative Group.
The ruling means supermarkets will not have to pay business rates separately on ‘hole-in-the-wall’ cash machines attached to shops.
The decision paves the way for £200million of backdated rates refunds to retailers.
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 £44.5million bill for ATM rates this year across England and Wales and £181.3million over the four-year life of the 2017 business rates.
Stores, backed by cash machine operator Cardtronics Europe, have cheered the decision.