- Performance Leads Ltd won an appeal against HMRC regarding VAT exemption for intermediary services.
- The company provides lead generation services to independent financial advisors through websites.
- HMRC argued the services were advertising or non-exempt intermediary services.
- The FTT ruled that the services qualify as exempt intermediary services under VAT law.
- The decision was based on the company’s process of assessing and filtering leads for financial advisors.
Source: claritaxnews.com
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.
