Checkit plc (GB:CKT) has released an update.
Invest with Confidence:
- Follow TipRanks' Top Wall Street Analysts to uncover their success rate and average return.
- Join thousands of data-driven investors – Build your Smart Portfolio for personalized insights.
Checkit plc has triumphed in a VAT recovery case with HMRC, allowing the company to rightfully reclaim £1.2 million in input tax from November 2019 to July 2022. This positive outcome comes after discussions documented in Checkit’s recent annual report, removing the contingent liability from the company’s financial outlook. HMRC’s initial assessment has been retracted, affirming Checkit’s claim and negating the need for further action.
For further insights into GB:CKT stock, check out TipRanks’ Stock Analysis page.
