Misselling reviews lose VAT exemption
Posted by mostafa on 10 December, 2012
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This item was filled under Tax
The VAT treatment of supplies to insurers of certain misselling reviews and helpline services is to change in light of enquiries received from the European Commission (EC).
Businesses that supply banks and other lenders with payment protection insurance (PPI) misselling review services will not be affected because these have always been subject to VAT.