About this document
Uinsure Limited by someone special is a document available to read on EtoBox.
Uinsure Limited (UL) is acquiring renewal rights from Hood Group Limited (HGL) for a one-off payment, which is exempt from VAT under insurance intermediary services. The payment structure change does not affect the VAT exemption status, as HGL continues to provide intermediary services related to insurance renewals. Additionally, the transaction does not qualify as a transfer of a business as a going concern for VAT purposes, and the payment to HGL falls outside the scope of Insurance Premium Tax (IPT).
- Author
- someone special
- Language
- EN