High Court rules that HMRC must pay compound interest on overpaid VAT | Practical Law

High Court rules that HMRC must pay compound interest on overpaid VAT | Practical Law

A legal update considering the case of FJ Chalke Limited and AC Barnes (Wokingham) Limited v HMRC [2009] EWHC 952 (Ch) (08 May 2009) in which the High Court held that HMRC must pay compound interest on overpaid VAT.

High Court rules that HMRC must pay compound interest on overpaid VAT

Practical Law UK Legal Update Case Report 5-386-0886 (Approx. 7 pages)

High Court rules that HMRC must pay compound interest on overpaid VAT

by PLC Tax
Published on 26 May 2009 • England, Wales
A legal update considering the case of FJ Chalke Limited and AC Barnes (Wokingham) Limited v HMRC [2009] EWHC 952 (Ch) (08 May 2009) in which the High Court held that HMRC must pay compound interest on overpaid VAT.