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VATINS1530 | General introduction and law: Issues arising from the VAT Legislation: UK supplies of exempt insurance related services

From HM Revenue & Customs · VAT Insurance

Insurance related services qualify for exemption only if supplied by insurance brokersor agents acting in an intermediary capacity.

The questions you need to consider are as follows:

  1. is the intermediary acting between an insurer and an insured person (or a person seeking insurance)? See VATINS5220 (if the intermediary is acting between an insurer who is not permitted, consult VATINS2530);

  2. is the intermediary an insurance broker or an insurance agent? See VATINS5200;

  3. is the intermediary supplying services that are related to insurance or reinsurance transactions? See VATINS5240; and

  4. are the related services part of a mixed or multiple supply including other services? See VATINS7400.