Commentary

PN/42/96 Indirect taxes—three year limit on repayment claims

Part V16 Forms and other HMRC material

PN/42/96 Indirect taxes—three year limit on repayment claims

PN/42/96 Indirect taxes—three year limit on repayment claims

Press Notice 42/96. 18 July 1996

A three year limit on refunds of VAT and other indirect taxes was proposed by the Paymaster General, David Heathcoat-Amory today.

In answer to a written Parliamentary Question from Matthew Banks MP (Southport) (HC Official Report, 18 July 1996, Vol 281 col 604) he said:

“The Government has become concerned at the increasing amounts of revenue at risk in taxation boundary disputes, particularly VAT. Large sums, collected and paid in good faith, are being repaid to businesses, in some cases many years after the tax was collected and with

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