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VAT rebate for Rank

by Judith Tydd

10 Nov 2008

The Rank Group confirmed it has received £59.1m in overpaid VAT dues from HM Revenue and Customs.

The rebate covers the period from January 2003 to June 2008, according to investegate.co.uk

Following HMRC's appeal of the repayment in May, Rank could be forced to return the sum plus interest.

The case will be heard in the High Court in 2009.

Further Reading:

Rank looking forward to £25m VAT reclaim

Big win for bingo company Rank Group

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