VATupdate

Share this post on

VAT repayments: are business owners receiving everything they are entitled to?

When a taxpayer submits a VAT return claiming a VAT repayment, HMRC may be liable to pay the taxpayer an additional repayment supplement (calculated at five per cent of the amount claimed) if it fails to release the amount due to the claimant within the legal time limit of 30 days.

Source RSM

Sponsors:

VAT news
VAT news

Advertisements:

  • VATupdate.com