The process for UK businesses seeking to launch litigation action against HM
Revenue and Customs in recovering overpaid tax has been limited.
The measure has been outlined in the Budget consultation paper, and from
April 2010, taxpayers will be unable to sue HMRC in the High Court to reclaim
overpaid corporation, income and capital gains tax, according to
The period of time in which businesses can seek a refund has been limited to
Businesses are now being urged to pursue any outstanding claims before the
measure comes into effect.
Peter Cussons, tax partner at PricewaterhouseCoopers, said he expected a
‘surge’ of backdated claims to be filed over the coming 11 months.
Marks and Spencer, British American Tobacco and Cadbury Schweppes have all
previously launched group litigation orders against HMRC.
Committee expresses concern about costs to businesses and April 2018 implementation date
Andrew Tyrie airs views on the Finance Bill, 'Making Tax Policy Better' report, and Brexit
Top 25 firm HW Fisher & Co has acquired London firm Rhodes & Rhodes
Top Ten firm RSM has appointed Nick Blundell as its head of corporate tax in Birmingham