Sunday, September 27, 2020

Tag: Cash machines

External cash machines shouldn’t pay seperate rates, rules Supreme Court

ATM Cash Machine business rates
Operators that have previously paid separate business rates on their cash machines could be in for a rebate after supermarkets won an appeal in the Supreme Court last week, Grocers including Tesco and Sainsbury’s first won a ruling saying they were not liable for separate rates on cash machines at their supermarkets in 2018, but this decision was challenged by valuations officers working for HMRC.

Cash machines closing up at alarming rate, says regulator

Cash machine
An increasingly cashless economy is to blame for ATM closures, but there’s still no sign of cashless payment for UK arcades. Free-to-use cash-machines are disappearing at a rate of 250 per month, according to national network co-ordinator Link. At present there are over 53,000 ATMs across the length and breadth of the country, down from 54,500 at the beginning of the...

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