- Hastings Insurance Services Ltd is a UK insurance intermediary that introduces UK customers to a related company in Gibraltar.
- Hastings claimed full VAT recovery on its input tax, arguing that supplies to non-UK recipients allow for VAT recovery.
- HMRC introduced new legislation to limit VAT recovery in such arrangements.
- Hastings argued that the new legislation is incompatible with the Principal VAT Directive.
Source: mha.co.uk
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
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