Clause 19
Finance (No. 2) Bill
3:15 pm
Mark Hoban (Shadow Minister, Treasury; Fareham, Conservative)
I refer back to the Paymaster General’s comments about the HMRC’s efficiency at repaying refunds. I understand that in one European country, the delay in paying refunds back to traders is such that it precludes MTIC from taking place. I am sure that that is a route that neither she nor the Government would want to go down, because I know a great many businesses benefit from the rapid repayments.