VAT – FINANCE EXEMPTION – INTERMEDIARY SERVICES – Appellant loan broker – details of unsuccessful applicants passed to sister company offering debt management services – were the Appellant’s supplies standard rated referrals of leads – no – was the Appellant performing routine clerical tasks on behalf of sister company – no – the Appellant brought the customer and sister company together with a view to forming a contract for financial services which included a relevant financial service of payment handling – Appellant negotiated a relevant financial transaction and acted as an intermediary – Appeal allowed.
[2009] UKFTT 247 (TC), [2010] SFTD 96, [2010] STI 1477
Bailii
England and Wales
Updated: 27 October 2021; Ref: scu.409047
