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Liability ― insurance ― provided with goods and services

Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance

Liability ― insurance ― provided with goods and services

Produced by a Tolley Value Added Tax expert
Value Added Tax
Guidance
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This guidance note examines the liability of insurance when it is provided in conjunction with other goods and services.

For an overview of insurance more broadly, see the Liability ― insurance ― overview guidance note.

For in-depth commentary on insurance and the insurance exemption, see De Voil Indirect Tax Service V4.142.

Insurance provided with goods and services ― the basics

If insurance is provided with goods and services it is important to identify whether there is a single supply or more than one supply and in each case whether there is a supply of insurance. This is important because it will affect the VAT treatment of what is supplied. This guidance note is intended to help the reader identify:

  1. •

    is there a single supply or more than one supply?

  2. •

    if there is a single supply, is insurance the main element or an ancillary element of the supply?

  3. •

    if there are two or more supplies, is insurance one of the supplies?

  4. •

    if there is a supply of insurance,

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  • 24 Apr 2025 06:20

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