DELAYS TO VAT REGISTRATION
Early day motion 382, tabled 26 November 2007 by Alan Duncan (Conservative). Signed by 23 members.
That this House notes that the current delay of up to four months for VAT registration is causing considerable problems to a number of businesses due to suppliers being unable to provide credit, imported goods being unable to be cleared and business customers refusing to pay invoices without VAT registration; further notes that the Government has said how important growing businesses are to the UK economy; is concerned to note that it is small firms who will continue to suffer without prompt and swift action; and calls upon the Government to resolve the computer and management failings at HM Revenue and Customs as quickly as possible.
Signatures by party: Conservative 13, Liberal Democrat 4, DUP 2, Labour 2, Scottish National Party 2.