In Longridge, the Court of Appeal held that a charity was carrying on an economic activity based on CJEU jurisprudence. In Dollar Financial, the FTT held that lead generators, who introduced prospective borrowers to a payday loan provider, were making exempt supplies of financial intermediary services. In Coinstar, the FTT determined that Coinstar’s services of exchanging coins for redeemable vouchers at supermarket kiosks were exempt as dealing with money or security for money. In Revenue and Customs Brief 14/2016, HMRC has announced an extension of the transitional period during which employers and pension funds may continue to apply the previous rules for recovering VAT on pensions-related services set out in VAT Notice 700/17 until 31 December 2017.
