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HMRC internal manual

VAT Insurance

From
HM Revenue & Customs
Updated
, see all updates

Supplies of insurance and related services outside the UK: input tax recovery on insurance and related services

Input tax may be deducted on insurance and insurance related services when:

  • the recipient of the supply of insurance or related services belongs outside of the EC; or
  • related services are supplied in connection with a contract under which the insured party belongs outside the EC (even if the insured party is not the recipient of the supply of related services); or
  • the insurance being supplied is directly linked to the export of goods to a place outside the EC; or
  • related services are supplied in connection with insurance directly linked to the export of goods outside the EC.

In all other circumstances, there is no right to input tax recovery on insurance or insurance related services.