Andrew Roycroft and Dominic Stuttaford, Senior Tax Associate and Tax Partner at Norton Rose LLP, consider the recent VAT tribunal decision in the Bank of Ireland case
Andrew Roycroft and Dominic Stuttaford Senior Tax Associate and Tax Partner at Norton Rose LLP consider the recent VAT tribunal decision in the Bank of Ireland case
Summary
A VAT Tribunal has allowed the Bank of Ireland's appeal against a decision of HMRC finding that certain services supplied by the Bank to Norwich Union Insurance Limited were exempt from VAT as services of an insurance intermediary.1 The decision is of interest because it illustrates both how narrowly HMRC views the VAT exemption for insurance intermediary services and how difficult it can...
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Andrew Roycroft and Dominic Stuttaford, Senior Tax Associate and Tax Partner at Norton Rose LLP, consider the recent VAT tribunal decision in the Bank of Ireland case
Andrew Roycroft and Dominic Stuttaford Senior Tax Associate and Tax Partner at Norton Rose LLP consider the recent VAT tribunal decision in the Bank of Ireland case
Summary
A VAT Tribunal has allowed the Bank of Ireland's appeal against a decision of HMRC finding that certain services supplied by the Bank to Norwich Union Insurance Limited were exempt from VAT as services of an insurance intermediary.1 The decision is of interest because it illustrates both how narrowly HMRC views the VAT exemption for insurance intermediary services and how difficult it can...
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If you do not subscribe but are a registered user, please enter your details in the following boxes:
