Insurance Premium Tax: administration and unfair outcomes
We welcome views on these proposals to improve the administration of Insurance Premium Tax (IPT) and prevent unfair outcomes.
Opened
5 Nov 2020
Closed
5 Feb 2021
▤ Verbatim text from source document
This consultation proposes possible measures intended to improve the operation of Insurance Premium Tax (IPT), to make it easier for both the industry and HMRC to administer.
It also seeks views on specific measures to prevent certain types of IPT avoidance and evasion.
This consultation will not consider the rates of IPT or the exemptions to IPT.