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How the Battle of Hastings could hurt insurers

Emma Ann Hughes

Editor’s View: Hastings Insurance’s victory over HM Revenue & Customs marks a significant turning point for insurance intermediaries and their ability to recover VAT, according to Emma Ann Hughes.

Earlier this month Hastings fought HM Revenue & Customs and the insurer, rather than the taxman, won.

Hastings challenged the Offshore Looping Regulations that were introduced by HMRC to stop insurance

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