Commentary

BB/23/96 Repayment of VAT claims more than three years old where amounts have been deferred since 18 July 1996

Part V16 Forms and other HMRC material

BB/23/96 Repayment of VAT claims more than three years old where amounts have been deferred since 18 July 1996

BB/23/96 Repayment of VAT claims more than three years old where amounts have been deferred since 18 July 1996

Business Brief, Issue 23, 22 November 1996

This Business Brief explains how Customs and Excise will pay VAT refund claims which have been deferred wholly or in part since 18 July 1996 pending Parliamentary approval of the necessary legislation. On 19 November 1996 the High Court said this policy of deferring payments was not justified.

This does not mean that the proposed three year cap itself is illegal or unjustified—it will be up to Parliament to decide whether to approve the necessary legislation as part of the Budget

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