Maintaining the IPT Register: Overseas Insurers: Changing an agent
If at any time an overseas insurer chooses to appoint a new agent (possibly to replace an existing tax representative) the insurer will need to send a separate notification to BTOps confirming that the new agent will be acting on their behalf and the date from which the change takes effect. Other than changing the agent’s details no other changes need to be made to the IPT registration. In future, the departing agent will have no further obligation or responsibility after the date of change. However as mentioned in IPT06325 existing tax representatives, who were appointed before 21 July 2008, remain potentially liable for any tax due prior to that date.