VAT in Insurance
VAT is complex but the insurance industry has its own special procedures, ‘language’, some unique rules and specific partial exemption methods. UK legislation derives from EU legislation but is sometimes at odds with it. This sector is particularly sensitive to changes from cases in the Court of Justice of the European Commission. This course covers aspects of VAT specific to the insurance industry, focusing on avoiding pitfalls and mitigation techniques with reference to decided cases. This course will be updated as the impact of Brexit is known.