Brexit offers UK insurers respite on ECJ VAT ruling for outsourced claims
UK insurers are facing significant increases to the cost of outsourced claims handling if the government is forced to align its VAT position to a recent European Court of Justice ruling, but the June vote on whether the UK should leave the European Union could mean implementation is delayed.
Last week (17 March), the ECJ released its decision in the Minister Finansow v BRE Ubezpieczenia Sp case also known as Aspiro, which was considering whether claims handling services should be subject
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