Proposed Three Year Limitation On VAT Repayment Claims

EDM number 85 in 1996-97, proposed by Alex Salmond on 29/10/1996.

That this House notes with concern the impact on small businesses, pension funds, charities, NHS trusts and businesses generally of the Government's recently announced decision to introduce a three year limit on repayment to the taxpayer of overpaid VAT compared to a six year limit for the Exchequer; and, in view of the doubtful legality of the proposals, calls on the Government to enter a dialogue with businesses and others to ensure that an equitable and legal alternative position can be agreed which does not discriminate unfairly against the taxpayer.

This motion has been signed by a total of 58 MPs.