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Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
---|---|---|---|---|---|
Augean Plc | LSE:AUG | London | Ordinary Share | GB00B02H2F76 | ORD 10P |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 371.00 | 0.00 | 01:00:00 |
Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
---|---|---|---|---|---|
0 | 0 | N/A | 0 |
TIDMAUG
RNS Number : 6392E
Augean Plc
19 October 2018
Augean plc
("Augean" or "the Group")
Update re: Augean North HMRC Assessment
Augean, one of the UK's leading specialist waste management businesses has been re-issued with a final assessment from HMRC for Augean North Ltd for a total amount of GBP1.1million (GBP1.3million including interest) covering the period from August 2013 to July 2014. This compares to the previously assessed amount of GBP2.8million. This re-assessment is in addition to the GBP9.4m final assessment for Augean North announced on October 8(th) 2018 which covers the time period from August 2014 to August 2017.
We still believe that this assessment is without merit and maintain our position based on the legal advice received and independent reviews of our systems.
The Group will take all appropriate legal channels to challenge the assessment received and seek to mitigate payment of the tax until these legal appeals have concluded.
The reduction in this Augean North re-assessment should not be used to read across to the other quarters that were included in the announcement of October 8(th) , notably the period from August 2014 to August 2017.
- Ends -
Enquiries:
Augean plc Jim Meredith, Executive Chairman Mark Fryer, Group Finance Director 01937 844 980 N+1 Singer Shaun Dobson Jen Boorer 020 7496 3000
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
October 19, 2018 07:35 ET (11:35 GMT)
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