
We the undersigned petition the Prime Minister to REPAY UK businesses their entitlement to deduct input tax refused by HM Revenue and Customs for some 2 years for its prescribed accounting periods. More details
Submitted by Monty Jivraj – Deadline to sign up by: 25 February 2009 – Signatures: 151
HM Revenue and Customs’ (HMRC) Extended Verification strategy is an ‘inefficient and unsustainable’ use of resources and has imposed a ‘significant burden’ on UK businesses. We ask urgently the Prime Minister and the Chancellor to take urgent action and repay businesses in UK who are suffering in the hands of HM Revenue and Customs. Even when The VAT Tribunal has ruled in favour of the appellants, HM Revenue and Customs continue to ignore the fact that its strategy is having an adverse effect on the whole telecoms industry and that a huge number of innocent businesses have been brought to their knees financially as a result because they cannot simply fight an organisation as large and powerful as HM Revenue and Customs and the firms are hugely affected to the extent it will be extremely difficult to start rebuilding their shattered and destroyed business once more.
Monty Jivraj, the Petition Creator, joined by: