[80 Credit for, or repayment of, overstated or overpaid VAT]
Value Added Tax Act 1994 (1994 c 23) | Legislation

[80  Credit for, or repayment of, overstated or overpaid VAT]

[(1)     Where a person—

(a)     has accounted to the Commissioners for VAT for a prescribed accounting period (whenever ended), and

(b)     in doing so, has brought into account as output tax an amount that was not output tax due,

the Commissioners shall be liable to credit the person with that amount.

(1A)     Where the Commissioners—

(a)     have assessed a person to VAT for a prescribed accounting period (whenever ended), and

(b)     in doing so, have brought into account as output tax an amount that was not output tax due,

they shall be liable to credit the person with that amount.

(1B)     Where a person has for a prescribed accounting period (whenever ended) paid to the Commissioners an amount by way of VAT that was not VAT due to them, otherwise than as a result of—

(a)     an amount that was not output tax due being brought into account as output tax, or

(b)     an amount of input tax allowable under section 26 not being brought into account,

the Commissioners shall be liable to repay to that person the amount so paid.]

(2)     The Commissioners shall only

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