Dominic Stuttaford and Andrew Roycroft (Norton Rose) examine developments in tax affecting the attractiveness of the UK as a location for insurance group holdings, the VAT exemption for intermediaries rules, VAT on insurance restructurings and the increasing importance of insurance premium tax. Jennie Rimmer (Aspen) provides (below) an in-house perspective.
SI 2012/2951
SI 2012/2953
SI 2012/2907
A multi-author special report on key issues, with contributions from the OECD, the Tax Bar and other leading VAT advisers
Michael Brady analyses recent case law concerning the VAT liability of fees relating to the sport of golf, and considers whether distortions of competition are justified
FA 2012 provision affects partly exempt groups
SI 2012/2898
New VAT registration rules apply with effect from 1 December
Reversion retained by transferor may be ‘sufficiently small for TOGC treatment to be capable of applying’