<b>Tax News:</b> BT to take VAT appeal to Europe. By Louise Birkett

BT's claim for a refund of £24 million in overpaid VAT has been referred to the European Court of Justice by the Court of Appeal.

The overpayment, originally of £40 million, was down to a glitch in a computer system that ran the monthly payment plans in 1991.

When someone whose account was in credit left the monthly scheme, a refund was given. As this reduced the amount of consideration, the VAT bill should also have been reduced.


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