Update on VAT Recovery
March 23, 2026 Lancashire Combined County Authority - Audit and Governance Committee (Committee) Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
Lancashire Combined County Authority - Audit and Governance Committee approved recommendations on 23/03/2026. The committee noted an update on VAT recovery under Section 33 of the VAT Act 1994. The finance ledger system has been tested to correctly record VAT from 1 December 2025 and prevent its appearance on returns until Royal Assent is granted.
Full council record
Purpose
To provide Members with an update on the current position regarding VAT recovery under Section 33 of the VAT Act 1994 and the interim arrangements in place pending Royal Assent.
Related Meeting
Lancashire Combined County Authority - Audit and Governance Committee - Monday, 23rd March, 2026 3.00 pm on March 23, 2026
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 23 Mar 2026 |