The Tribunal agreed in the case Claims Advisory Group Limited (CAGL) with HMRC that the economic purpose and commercial reality of CAGL’s supplies was not that of an insurance transaction and that CAGL was not an insurance agent supplying services relating to insurance transactions.
Source: constablevat.com
Latest Posts in "United Kingdom"
- Reform UK Pledges to Scrap VAT and Green Levies on Energy Bills to Cut Costs
- HMRC Updates VAT Notice 735: Domestic Reverse Charge and Electric Vehicle Charging Exemption
- Finance Administrator Jailed for £212,000 Fraud Using Duplicate Supplier Invoices at Care Home
- UK VAT Gap Rises to 6.5% in 2024–25, Highlighting Ongoing Compliance Challenges
- VAT on Public EV Charging: Key Lessons from Charge My Street Ltd v HMRC Tribunal Decision
