Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what steps HMRC is taking to help ensure that businesses awaiting VAT repayment(s) receive their funds within an adequate timeframe.
HMRC aims to ensure that businesses receive VAT repayments promptly by applying automated checks when returns are received and undertaking further enquiries only where required. This approach balances the need for timely repayment with appropriate safeguards. HMRC keeps these processes under regular review and actively seeks opportunities to increase efficiency, and cases are handled as a priority to minimise delay and inconvenience for businesses