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Written question asked by John McDonnell (Labour) on Monday, 2 September 2019, in the House of Commons. It was due for an answer on Wednesday, 4 September 2019. It was answered by Jesse Norman (Conservative) on Monday, 9 September 2019 on behalf of the Treasury.


Construction: VAT

Question

To ask the Chancellor of the Exchequer, what assessment has HMRC has made of its capacity to process the increased volume of VAT pre-credibility checks resulting from reverse charge for building and construction services which comes into effect on 1 October 2019.

Answer

HMRC has made an assessment of the increased number of repayment claims that may result from the introduction of the VAT reverse charge for building and construction services. Any additional repayment claims will form part of their existing risking processes. They will continue to monitor volumes of repayment claims resulting from this VAT reverse charge.


Secondary information

Type
Written question
Reference
284241
Session
2017-19
Subjects
Construction Buildings VAT Revenue and Customs Brexit
Link
View this Written question on www.parliament.uk