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05 Feb 2009
Marks & Spencer has won a long-running battle to be fully repaid VAT mistakenly charged against its teacakes.
The taxman had earlier agreed that it had wrongly classed M&S' teacakes as biscuits between 1973 and 1994, during which time the retailer overpaid £3.5m in tax.
However HM Revenue & Customs would not fully refund M&S.
Law lords upheld an earlier European Court of Justice ruling that M&S was entitled a full refund.
HMRC had refused to pay back the tax as customers had footed the bill, and M &S would be 'unjustly enriched', according to the BBC.
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