- WTGIL Limited provides black box insurance to young drivers.
- It partners with insurers and markets through its website and comparison sites.
- Ageas Retail Limited administers the policies.
- Policyholders must install telematics devices to monitor driving behavior.
- Ingenie claimed VAT recovery on device purchases, which HMRC rejected.
- HMRC argued Ingenie provided exempt insurance intermediation services.
- The Upper Tribunal found no taxable supply for consideration by Ingenie.
- The Court of Appeal ruled Ingenie made exempt supplies as an intermediary.
- The Court’s decision was based on telematics insurance being motor insurance.
- Ingenie’s appeal was dismissed, but for different reasons than previous tribunals.
Source: taxscape.deloitte.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
