(020) 7242 5778

Wildy’s Book News

Book News cover photo

Vol 23 No 12 Dec 18/Jan 19

Book of the Month

Cover of Friston on Costs

Friston on Costs

Price: £175.00

Offers for Newly Called Barristers & Students

Special Discounts for Newly Called & Students

Read More ...

Secondhand & Out of Print

Browse Secondhand Online


Insurance Premium Tax: A User's Guide

ISBN13: 9781910151549
To be Published: January 2019
Publisher: Spiramus Press Ltd
Country of Publication: UK
Format: Paperback
Price: £79.95

Insurance Premium Tax is a guide for practitioners and those involved in the insurance industry. It summarises how the IPT is applied in practice, the definition of an insurance contract, looks at exemptions from the tax, the application of the higher rate and issues affecting non UK risks and global policies. It also explores compliance issues such as IPT registration, the submission of returns and payment of the tax, changes in rates and the penalty regime.

1. Introduction
2. What is insurance premium tax?
3. Higher rate IPT
4. Taxable intermediaries
5. Location of risk
6. Exemptions
7. Registration, de-registration and TOGCs
8. Accounting For IPT
9. Penalties
HMRC penalties for failure to notify (factsheet cc/fs11)
HMRC penalties for inaccuracies in returns (factsheet cc/fs7a)
“Connected” persons
IPT forms
European insurance premium tax (IPT) comparison table
IPT error flowchart