Contact Us: 0207 017 8880

The NFRN welcomes the Supreme Court’s ruling on May 20 that retailers with ATMs should be exempt from paying additional business rates.

The £430 million payout will be a lifeline for many independent retailers, particularly during these unprecedented times.

The news comes after the Valuation Office Agency (VOA) tried to make ATMs in stores liable for business rates on top of their stores’ business rates.

However, in 2018 the Court of Appeal ruled that ATMs within stores – whether internal or external facing – should not have separate business rates.

In our 2019 Independent Retail Report, the NFRN addressed the VOA’s appeal, stating: “In November 2018, the Appeal Court ruled that retailers will no longer have to pay business rates for cash machines outside their shops and that they will be refunded for the previous payments backdating to April 2010.

“The NFRN immediately contacted its members, to identify those who might receive a refund. If the Government appeal is turned down, the NFRN is ready to start the process and retrieve their money.”

However, the VOA decided to appeal this ruling, but this was rejected by the Supreme Court earlier this week.

According to the real estate advisory firm Altus Group, affected retailers will now receive £428.69 million in reimbursement of erroneous bills sent out on over 15,000 cash machines in England and Wales during the last decade since 2010.

Responding to the Supreme Court’s decision, National President Stuart Reddish said: “We are relieved by this latest ruling and will be pushing for rebates for our members.

“The £430 million payout will be a tax lifeline for our members, especially during these highly-challenging times.”

Related Articles

Related Articles

Win up to £200 towards your next matchday with Panini!

The Fed and Panini are running a new competition where 5 lucky members can win up to £200 towards their next matchday! How to enter the competition: 1. Order and promote Panini’s Premier League stickers, Women's Super League stickers and/or Premier...
Read More

Independent retailers tell Prime Minister that age generational consultation deeply flawed

Independent retailers have written to Prime Minister Rishi Sunak to protest about their views being omitted from the government’s policy response to its consultation over creating a smokefree generation. Similar letters have been sent from the Federation of Independent Retailers...
Read More

The National Convenience Show 2024

The convenience-retailing sector comes together again this April (29th – 1st May) as National Convenience Show returns to the NEC, Birmingham as part of the UK Food & Drink Shows in a move that will offer visitors the most comprehensive...
Read More