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Retailers Issue ATM Fee Warning After Rates Hike Judgment

UK retailers have warned they may have to remove cash machines or start charging for withdrawals after losing a key court battle that leaves them facing a “stealth tax” bill of more than £400m.

A legal ruling published on Thursday upheld a controversial decision in 2013 that cash machines built into the front of a shop or petrol station should have a separate business rates bill.

The judgment, which could affect thousands of small shops and independent garages, has dashed retailers' hopes of clawing back £200m in rebates for past rates paid, and left them facing an estimated £206m bill for the next five years.

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