VALUE ADDED TAX – INPUT TAX – Input tax withheld pending ECJ judgment in Optigen and Others – input tax paid with repayment supplement following release of judgment – whether interest payable in addition – yes – interest rate commercial on borrowers’ rate – interest compounded – rate base plus 2.5% with quarterly rests – no abatement because of repayment supplement – commencement 30 days in respect of first two claims 16 days thereafter -section 84(8) VATA 1994
Citations:
[2006] UKVAT V19795
Links:
Jurisdiction:
England and Wales
VAT
Updated: 13 October 2022; Ref: scu.246120