HMRC have issued new guidance on repayment interest on VAT credits or overpayments.
The guidance allows taxpayers to “check when you’re eligible for repayment interest if HMRC are late in settling a repayment claim from a VAT return or VAT you’ve overpaid”.
Related content from Claritax Books
Value Added Tax, written by Ciaran McGee MA (Oxon), FCA, CTA, is an extensive volume (over 1,000 pages), written primarily for non-VAT specialist accountants and tax advisers.
