The phrase ‘unjust enrichment’ describes the situation where paying a claimant's claim for a refund would put him in a better economic position than he would have been if he had not mistakenly accounted for the VAT, in other words, where he would get a ‘windfall’ profit.

Generally, a taxpayer should not be in a better position by recovering incorrectly-charged VAT than if no VAT had been charged, i.e. being ‘enriched’ at the expense of others who, for all practical purposes, bore the cost of the incorrectly-charged VAT.

Need help? Get subscribed!

To subscribe to this content, simply call 0800 231 5199

We can create a package that’s catered to your individual needs.

Or book a demo to see this product in action.