Delays To VAT Registration

EDM number 382 in 2007-08, proposed by Alan Duncan on 26/11/2007.
Categorised under the topics of Companies, Small businesses and Taxation.

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.

This motion has been signed by a total of 23 MPs.