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HMRC internal manual

VAT Refunds

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Unjust enrichment: Regulations: 43C Reimbursement arrangements - provisions to be included

43C Reimbursement arrangements - provisions to be included

The provisions referred to in regulation 43B(a) above are that—

“(a) reimbursement for which the arrangements provide will be completed by no later than 90 days after the [crediting of the amount]2 to which it relates;

(b) no deduction will be made from the relevant amount by way of fee or charge (howsoever expressed or effected);

(c) reimbursement will be made only in cash or by cheque;

(d) any part of the relevant amount credited to the claimant that is not reimbursed by the time mentioned in paragraph (a) above will be notified by the claimant to the Commissioners;

(da) any part of the relevant amount paid (or repaid) to the claimant that is not reimbursed by the time mentioned in paragraph (a) above will be repaid by the claimant to the Commissioners;

(e) any interest paid by the Commissioners on any relevant amount paid (or repaid) by them will also be treated by the claimant in the same way as the relevant amount falls to be treated under paragraphs (a) and (b) above; and

(f) the records described in regulation 43E below will be kept by the claimant and produced by him to the Commissioners, or to an officer of theirs in accordance with regulation 43F below.”