Subscribe now to Forecourt Trader Magazine
  • Forecourt Trader

Call for rates to be waived on ATMs

07 April, 2015
Page 4 

The PRA has joined the ATM Industry Association (ATMIA) in calling for ATMs to be exempt from business rates.

PRA chairman Brian Madderson sees business rates exemption as a crucial matter. He said: "The economics of running petrol forecourts are very fragile. That is why thousands have closed in the past few years with Experian Catalist confirming 900 independents had to withdraw from the sector in just five years from 2009 to 2013. A sensible concession by local authorities in relation to business rates on ATMs can help secure both the future of the forecourt and of local banking services."