No definitive answer on CIS refund issue
There is still no "definitive answer" from HMRC as to why CIS refunds for limited company clients are being delayed by what are in some cases extensive periods, according to Tony Margaritelli.
The ICPA chairman said that the Revenue’s answer to the issue is “nothing short of laughable” and that it does not understand the consternation the delays are causing for accountants.
“Some of the comments under your previous article show the depth people are going to, to try and resolve the problem,” he said.
“What we’re seeing with our clients is that six months later in mid-October, they’re now receiving emails saying their refund is being put through - but now it’s being security checked.”
The Revenue said...