VAT Rates
CLAIMS HANDLING / SETTLEMENT - DELEGATED AUTHORITY (Insurance and reinsurance services)
Rate
Exempt
Remarks
Claims handling/settlement services carried out by a loss adjuster acting as an agent under delegated authority, where insurer bound by agents decision is also Exempt. However, other Loss Adjusters services regarded as taxable.
Value-Added Tax Consolidation Act 2010 (VATCA 2010) Ref
Schedule: 1 Paragraph: 8(2)(b)