Thursday, March 22, 2007

Caffyns receives £2.9m Vat rebate - temporarily

SOUTH COAST retailer, Caffyns, has received a £2.978m rebate from HM Revenue & Customs - but it is the subject of an appeal by HM Revenue.
The rebate is in respect of a claim made as a result of the Marks & Spencer European Court case, relating to VAT overpaid on demonstrator vehicle bonuses in the period 1973 to 1997.

DATED: 22.03.07

FEED: AW





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