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Mis-selling review services: VAT exemption withdrawn

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A VAT exemption for mis-selling review services, and stand-alone helpline services supplied to insurers by insurance intermediaries, is to be withdrawn from April 2013 after the EC said it considered the services to be taxable supplies in the light of recent judgments of the CJEU. Revenue & Customs Brief 33/12 sets out the implications of HMRC’s revised policy.

Issue: 1150
Categories: News , Indirect taxes , VAT