IPT
Tax Management is Simpler if You Avoid This Common Mistake
Working with intermediaries in insurance is common practice. And using the knowledge and resources of an intermediary can deliver additional sales for an insurer without
Category: IPT
IPT
The Impact of No Claims Bonuses on Insurance Premium Tax
There are two types of no claims bonus. The first one is a refund of premium at the end of the policy. This happens when,
IPT
Brexit: Implications for Insurers as Year End Approaches
As 2020 draws to a close, Brexit is firmly back on the radar as a concern for businesses across Europe, and the insurance industry is
IPT
In Focus: Italian Registrations and the Filing Process
New cells in Italy’s annual IPT return Update: 8 June 2023 by Edit Buliczka On 31 March the Italian tax authority released a new Insurance
IPT
Who Bears the Cost of Insurance Taxes – the Insurer, or the Insured?
In most cases, the primary responsibility of calculating, reporting and settling insurance premium tax (IPT) remains with the insurance company. But similar to VAT and
IPT
A Managed Approach to IPT Compliance
For cross-border insurers, navigating the complex tax landscape across multiple jurisdictions can feel overwhelming. Tax authorities continue to take measures to boost revenues, increase efficiency
IPT
In Focus: Europe’s Diverse Declaration Methods
There’s no harmonisation across Europe for how tax declarations are submitted. And methods vary tax by tax, country by country, and even region by region.
IPT
The Benefits of Insurtech to Captive Insurers
Tax filing, wherever you are in the world, is becoming increasingly complex, with regular rate updates and governments eager to close tax gaps via new
IPT
Navigating Insurance’s Digital Highway
From underwriting to reporting, the insurance industry is having to adjust and by choice or imposed, is embracing the digital evolution of its practices. On
IPT
Frequently Asked Questions: Calculating Insurance Premium Tax Liabilities
Accurately calculating Insurance Premium Taxes (IPT) across Europe can be a challenge, especially when there are inconsistent methods of calculations and a vast array of
IPT
Spanish Registration and Filing Process
The Spanish tax system is one of the most complex in Europe. If the tax system and surcharges are not fully understood it can be
IPT
Streamlined IPT: The Unspoken Benefit of M&As
Whilst M&A activity may have slowed down slightly, deals are still taking place and the future of many insurers could depend on a buy-out. Continued
Portugal – Are you Ready for the Changing Stamp Duty Reporting Requirements and What Lies Ahead?
With the fast pace of change happening on the global tax landscape, where tax authorities require more granular information with electronic tax submissions, it’s not
IPT
Can IPT Drive Behavioural Change in the Population?
Unprecedented times. It’s a phrase that’s been used so much of late but the pandemic is certainly not the first incident that has adversely affected
IPT
Filing Premium Taxes When Non-Authorised Insurer
A non-authorised insurer is the term used to describe an insurance company that isn’t licensed with a particular country to provide insurance. This can also
IPT
Pay-Per-Mile Car Insurance – How Do You Tax That?
Car insurance premiums are always making headlines. With the cost of insurance for younger drivers continuing to rise, a new generation of drivers are questioning
IPT
The Changing Landscape for European Captives and the Challenges Ahead
Over recent years, the number of insurance captives domiciled in Europe has stagnated, if not fallen. Against this backdrop, the challenges faced by captives across
IPT
With Disruption at Unprecedented Levels, How is InsurTech Helping?
InsurTech companies are really getting their claws into the insurance industry. New products are coming to market, processes are being overhauled and end customers are