Ltd Company, CIS and PAYE

chalkeyav

Afternoon all,

Hope this is in the right place, if not i apologise.

i submitted on the 06/04 my form for repayment of CIS deductions as i do every year for my limited company. HMRC have recieved this form and offset and taken off any liabilities that they were owed (some PAYE)

I spoke to them today to chase up and make sure everything was in order as in previous years they have been quite prompt with repayments, usually around 3-4 weeks. The advisor on the phone confirmed all was good and that my claim my was being processed, I then asked if they were able to give me a timeframe to which they told me "September" due to the backlog of claims and industrial action.

I then proceeded to question this and ask why sole traders and individuals have already been repaid and why a Ltd company would have to wait another 120 days, they had no answer. So my questions are as follows:

• Has anyone else been told this or is it a case of they didnt really know what was happening?
• Am i able to charge them intrest as they do to me when my PAYE is late
• Can i escalate this further as if everything is ok and checks have been made why would it take that long to issue the payment?

Any advice would be massively appreciated, Thank you!

Savvy_Sue

I may be wrong but I believe HMRC do pay interest - they certainly used to.

Marcon

chalkeyav said:

Afternoon all,

Hope this is in the right place, if not i apologise.

i submitted on the 06/04 my form for repayment of CIS deductions as i do every year for my limited company. HMRC have recieved this form and offset and taken off any liabilities that they were owed (some PAYE)

I spoke to them today to chase up and make sure everything was in order as in previous years they have been quite prompt with repayments, usually around 3-4 weeks. The advisor on the phone confirmed all was good and that my claim my was being processed, I then asked if they were able to give me a timeframe to which they told me "September" due to the backlog of claims and industrial action.

I then proceeded to question this and ask why sole traders and individuals have already been repaid and why a Ltd company would have to wait another 120 days, they had no answer. So my questions are as follows:

• Has anyone else been told this or is it a case of they didnt really know what was happening?
• Am i able to charge them intrest as they do to me when my PAYE is late
• Can i escalate this further as if everything is ok and checks have been made why would it take that long to issue the payment?

Any advice would be massively appreciated, Thank you!

You can't charge them, but they do pay interest at prescribed rates: https://www.gov.uk/government/publications/rates-and-allowances-hmrc-interest-rates-for-late-and-early-payments/rates-and-allowances-hmrc-interest-rates