Whilst the Group acknowledges the positive and welcome move to issue the final assessment for Augean North Ltd, 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 scale of the Augean North assessment should not be used to compare with the pre-assessment notification of £45.1m received in April 2018 as the Group has yet to receive the final assessment for Augean South Limited and will issue a further announcement once it does.