- The Court of Appeal dismissed the appeal by WTGIL Ltd against earlier decisions by the UT and FTT.
- The fitting of black boxes in cars was deemed part of an exempt insurance transaction, not a separate taxable supply.
- The company had changed its name from Ingenie Ltd to WTGIL Ltd.
- The appeal argued that ISL made taxable supplies for both non-monetary and monetary consideration.
- The court concluded that the supply was part of a larger composite exempt insurance transaction.
- The services of providing and fitting the devices were integral to the insurance transactions.
- ISL provided services to both insurers and policyholders, fulfilling obligations under policy terms.
- The court agreed with HMRC that the services were exempt from VAT.
- Ingenie’s appeal was dismissed.
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.
