Commentary

RCB/33/12 Enquiries from the European Commission into the UK's VAT exemption of insurance mis-selling reviews and helpline services

Part V16 Forms and other HMRC material

RCB/33/12 Enquiries from the European Commission into the UK's VAT exemption of insurance mis-selling reviews and helpline services

RCB/33/12 Enquiries from the European Commission into the UK's VAT exemption of insurance mis-selling reviews and helpline services

Revenue & Customs Brief, Issue 33. 4 December 2012

Purpose of this Brief

This Brief announces a change in the UK VAT treatment of supplies to insurers of certain mis-selling review services and helpline services following enquiries received from the European Commission (“the Commission”).

Who needs to read this?

  1.  

    —     Insurers

  2.  

    —     Businesses that supply helpline services to insurers

  3.  

    —     Businesses that might supply insurers with mis-selling review services in the future should further reviews be instigated by the regulatory authority.

This Brief does not affect businesses that supply banks and other lenders with Payment Protection Insurance (“PPI”) mis-selling review services. PPI review services have always been subject to VAT and will not, therefore, be impacted by this change.

1.1 Background

The UK

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