Update regarding HMRC
Pulsar Group Plc has issued an update regarding its engagement with HM Revenue & Customs, confirming it is in regular dialogue concerning the timing of certain VAT and PAYE payments. The company states that substantial payments have already been made and anticipates settling the remaining amounts from normal cash collections, with the Board expecting a satisfactory conclusion. Pulsar Group Plc also reported that its underlying trading position is stable and the business is operating as normal.
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Pulsar Group Plc (AIM: PULS) notes recent press speculation regarding the Group’s engagement with HM Revenue & Customs (“HMRC”).
The Group is in regular dialogue with HMRC regarding the timing of certain VAT and PAYE payments. Substantial payments have already been made, and the Board expects the remaining amounts to be settled from the Group’s normal cash collections.
The Group’s underlying trading position is stable, the business is operating as normal and the Board anticipates reaching a satisfactory conclusion with HMRC.
The Company will provide a further update as appropriate.
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