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AUG - Augean News Story

150.5p 0.5  0.3%

Last Trade - 9:41am

Sector
Industrials
Size
Small Cap
Market Cap £156.1m
Enterprise Value £133.3m
Revenue £95.9m
Position in Universe 859th / 1854

BRIEF-Augean Issued With Final Assessment From HMRC For Augean North Limited

Wed 31st July, 2019 5:04pm
July 31 (Reuters) - Augean PLC  AUG.L :
    * AUGEAN PLC - ISSUED WITH A FINAL ASSESSMENT FROM HMRC FOR
AUGEAN
NORTH LIMITED FOR A TOTAL AMOUNT OF LANDFILL TAX OF £2.9M
    * AUGEAN PLC - FINAL ASSESSMENT COVERS PERIOD ENDING 31
OCTOBER
2017 THROUGH TO 30 APRIL 2018
    * AUGEAN PLC - ASSESSMENT WAS ANTICIPATED AND ADVISED WITH
GROUP
INTERIM RESULTS ISSUED ON 17 JULY. VALUE IS AS EXPECTED
    * AUGEAN PLC - WILL APPEAL ASSESSMENT WITH TAX TRIBUNAL
EXPECTED
IN 2020
    * AUGEAN PLC - CONTINUES TO BELIEVE, BASED ON LEGAL ADVICE,
THAT
IT HAS PAID CORRECT AMOUNT OF LANDFILL TAX AND THAT HMRC'S
ASSESSMENTS ARE INCORRECT
    * AUGEAN PLC - NO FINANCIAL PROVISION WILL BE MADE FOR
HMRC'S
ASSESSMENTS BASED ON LEGAL ADVICE RECEIVED
    * AUGEAN - HMRC CONSIDERING IF PENALTIES MAY BE APPROPRIATE,
MAY
BE OTHER FINAL ASSESSMENTS FOR OTHER TIME PERIODS FOR AUGEAN
NORTH, AUGEAN SOUTH

Source text for Eikon:  ID:nRSe4418Ha 
Further company coverage:  AUG.L 

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