Category: Tax Compliance

Tax Compliance

Interpreting Insurance Tax Legislation

Tax legislation is sometimes structured, or worded, ambiguously.  This leaves scope for a number of different interpretations for the treatment of tax on insurance policies,

Tax Compliance

Under the Bonnet of Motor Insurance

When it comes to motor insurance, everything is high; high tax rates, high volumes of tax administration and high levels of complexity.  A thorough understanding

Tax Compliance

Knowing When and How to Reclaim IPT

An insurer may need to reclaim insurance premium tax (IPT) from a tax authority for many reasons. These include a policy cancellation or mid-term adjustment,