VDIM3050 - Commercial restitution: Differences in stagger or return length between taxpayers

This guidance deals with interest matters in respect of prescribed accounting periods starting on or before 31 December 2022. Interest matters with effect from 01 January 2023 are dealt with under Finance Act 2009.

Please see Compliance Handbook page CH140000 onwards to find the new interest rules guidance.

There will be cases where output tax could be recovered by a third party as input tax, but the third party is on a different stagger or length of accounting period from the taxpayer you are assessing.

Normally you need not take account of a difference of stagger or length of accounting period between taxpayers when considering if interest should apply.