Regulation 20 provides for entitlement to credit following deregistration and claims should be dealt with as set out in LFT10050.
An obligation to repay any credit claimed arises where there is a failure to keep a Landfill Tax bad debt account, the business and accounting records required under Regulation 16 (for example landfill invoices, waste transfer notes, credit and debit notes) or failure to produce records requested under the Finance Act 1996, Schedule 5, paragraph 3. These requirements are in Regulation 28(2).
Regulation 20 provides for entitlement to credit following deregistration and claims should be dealt with as set out in LFT10050
Regulation 7(5) provides for the transfer of entitlement to pass to the transferee in the case of a transfer of a going concern. There is no requirement in law for the transferee to have the same registration number but the transferor must have accounted for the tax on the original disposal.
Where the site operator removes bulk waste and cannot get at or identify the earliest stored waste we will accept that removals are movements of that earliest stored waste.
Regulation 20 provides for entitlement to credit following deregistration and claims should be dealt with as set out in LFT10050.
Regulation 7(5) provides for the transfer of entitlement to pass to the transferee in the case of a transfer of a going concern. There is no requirement in law for the transferee to have the same registration number but the transferor must have accounted for the tax on the original disposal.
