Market leading insight for tax experts
View online issue

HMRC v Services Ltd

VAT: Insurance

In HMRC v Services Ltd (CA – 22 April) a company operated a website by which prospective customers were provided with a 'comparison service' for insurance cover from various insurers. It received commission from the insurers to whom it introduced clients. It treated its supplies as exempt from VAT under VATA 1994 Sch 9 Group 2 and did not register or account for VAT. HMRC issued a ruling that the company was not within the definition of an 'insurance agent' so that it was required to register for VAT and account for output tax on its supplies. The company appealed contending that it was acting as an 'insurance intermediary' and that its supplies qualified for exemption under Group 2 Item 4. The Ch D accepted this contention and allowed the appeal and the CA unanimously upheld this decision. Etherton LJ held that...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.