- The case involves Performance Leads Limited appealing against a decision by HMRC regarding VAT exemptions.
- Performance Leads Limited provides lead generation services to independent financial advisors through websites.
- The company believed its services were exempt from VAT as intermediary services under the VAT Act 1994.
- HMRC refused the claim for overpaid VAT, arguing the leads did not always result in exempt financial products and the data collected was insufficient.
- The tribunal ruled in favor of Performance Leads Limited, allowing the appeal.
- The hearing took place on 11-12 March 2025, with the judgment issued on 5 June 2025.
- Tribunal Judge Christopher McNall and Ms. Ann Christian presided over the case.
Source: bailii.org
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.
