UK supermarkets win ATM business rate case
Multiple U.K. supermarkets including Tesco, Sainsbury’s and Co-op recently won a court case at the Court of Appeal regarding a ruling on ATM bills. The retailers were appealing a decision which stated that ATMs built in front of a shop or gas station should have a separate business rates bill, according to a report by Herdon Gazette.
Retailers in England and Wales were already facing a 44.5 million pound bill for their ATM machines due to this separate business rates tax.
“We recognize the vital role that ATMs play in the daily lives of our customers and remain committed to providing this service to them,” a Tesco spokesperson said in the report. “We welcome today’s result and the confirmation of our belief that ATMs should not be separately rateable.”