Change to LLP
Change to LLP
William Sturges becomes a Limited Liability Partnership
AIEL, UK law firm, European lawyers,english speaking european lawyers,association of european lawyers,european english speaking lawyers,English speaking, commercial law firm, legal firm, commercial lawyers, commercial law, private lawyers, business law William Sturges, solicitors london, uk solicitors, business lawyer, appeal lawyer, find a lawyer, financial lawyer, tax lawyer, property lawyer, employment lawyer, divorce lawyer, personal injury lawyer, family law, business law, international law, commercial property law, company law, insolvency, litigation and dispute resolution,residential property law,estate planning, trusts, will, probate, trust administration, powers of attorney, residential conveyancing, housing association transactionssex discrimination, race discrimination, disability discrimination, disciplinary procedures, grievance procedures, commercial contracts, intellectual property rights, employment terms, charity law
Industry News
28/08/2008
KPMG warns businesses to act fast to get VAT rebates
Companies that fail to submit claims for VAT rebates could miss out on refunds worth up to several million pounds, KPMG has warned.

In January the House of Lords ruled that the 'three-year-cap' on back-dated rebate claims was invalid as it did not include "transitional arrangements" for those taxpayers who were making claims relating to periods prior to May 2007.

The professional services advisor however, has warned that although the deadline for making claims is not until March 2009, claims are taking "several months to complie and agree".

Commenting on the companies that could stand to gain from the change in the law, Stuart Hindle, indirect tax partner at KPMG in the UK, said: "Many companies whom we have spoken to about their eligibility to submit claims were previously completely unaware that the opportunity even existed – perhaps because 1997 is so far away.

"But if businesses don't act quickly, they run a risk of losing out as all claims must be submitted by the end of March next year."

According to Stephen Alambritis from the Federation of Small Businesses, there is currently up to £200 million of small business tax relief left unclaimed.ADNFCR-1805-ID-18753017-ADNFCR
 
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