HC Deb 09 February 1993 vol 218 cc539-40W
Mr. Jon Owen Jones

To ask the Chancellor of the Exchequer if he will make it his policy to allow companies exporting to the EC 30 working days to submit their statistical declarations to the VAT offices.

Sir John Cope

The maximum time limit of 10 working days for submission of statistical declarations is set by EC regulation. The United Kingdom was successful in negotiating an improvement from the Commission's original proposal of five working days.

Mr. Cousins

To ask the Chancellor of the Exchequer in how many cases serious misdeclaration penalties were levied in respect of claims of VAT relief on bad debts before the 12-month holding period was up; and what was the total size of those penalties in the last four financial years.

Sir John Cope

I regret that this type of information on the reasons alleged by traders for incurring serious misdeclaration penalty is not recorded.