This month’s review by Mike Lane and Zoe Andrews (Slaughter and May) considers the consultations on advance tax certainty for major projects and on third party data.
Hastings: VAT recovery on supplies to non-EU insurer
The First-tier Tribunal (FTT) in Hastings Insurance Services Ltd v HMRC [2025] UKFTT 275 (TC) allowed the taxpayer’s claim to recover £16m of input tax incurred in the period from 1 January 2019 to 31 December 2022. Although the case is specific on its facts and is important to the insurance sector it is also of more general interest for the light it sheds on how UK VAT legislation which differs from the Principal VAT Directive (PVD) may be interpreted by the UK courts and applied by them post-Brexit.
Hastings is an insurance intermediary established in the UK which made supplies of insurance broking underwriting support and claims handling to an affiliated insurer based...
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This month’s review by Mike Lane and Zoe Andrews (Slaughter and May) considers the consultations on advance tax certainty for major projects and on third party data.
Hastings: VAT recovery on supplies to non-EU insurer
The First-tier Tribunal (FTT) in Hastings Insurance Services Ltd v HMRC [2025] UKFTT 275 (TC) allowed the taxpayer’s claim to recover £16m of input tax incurred in the period from 1 January 2019 to 31 December 2022. Although the case is specific on its facts and is important to the insurance sector it is also of more general interest for the light it sheds on how UK VAT legislation which differs from the Principal VAT Directive (PVD) may be interpreted by the UK courts and applied by them post-Brexit.
Hastings is an insurance intermediary established in the UK which made supplies of insurance broking underwriting support and claims handling to an affiliated insurer based...
If you or your firm subscribes to Taxjournal.com, please click the login box below:
If you do not subscribe but are a registered user, please enter your details in the following boxes:
