In s. 80, the heading “Credit for, or repayment of, overstated or overpaid VAT” was substituted for “Recovery of overpaid VAT” by F(No. 2)A 2005, s. 3(11), with effect in any case where a claim under s. 80(2) was made on or after 26 May 2005, whenever the event occurred in respect of which the claim is made.
80(1) Where a person–
(a)has accounted to the Commissioners for VAT for a prescribed accounting period (whenever ended), and
(b)in doing so, has brought into account as output tax an amount that was not output tax due,