Exemption

Generally

Commentary – Indirect Tax Reporter ¶41-100(1) ; Indirect Tax Reporter ¶41-650(2)

Intermediary services

Commentary – Indirect Tax Reporter ¶41-100(1)

Transactions as principal

Commentary – Indirect Tax Reporter ¶41-100(1)

Funded pension schemes

Commentary – Indirect Tax Reporter ¶41-400(4)

Generally

Commentary – Indirect Tax Reporter ¶41-100

Outside scope/exemption with right of recovery/zero-rating

Agency and brokerage and services of intermediaries

Commentary – Indirect Tax Reporter ¶41-100(3)

Generally

Commentary – Indirect Tax Reporter ¶41-100(3)

Services supplied where received

Commentary – Indirect Tax Reporter ¶41-100(3)

Standard-rating

Investment advice and corporate finance

Commentary – Indirect Tax Reporter ¶41-100(2)

Investment management

Commentary – Indirect Tax Reporter ¶41-100(2)

Research, information and communication services

Commentary – Indirect Tax Reporter ¶41-100(2)