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HMRC internal manual

Insurance Premium Tax

Updates: Insurance Premium Tax

2016

published amendments

Accounting for Insurance Premium Tax: transitional accounting arrangements: relevant dates for transitional and anti-forestalling provisions
Updated for Budget 2015 and 2016 standard rate rises.
Overview and the law: the rate of tax
Updated tax fractions.
Updated for Budget 2015 and 2016 standard rate rises.
Accounting for Insurance Premium Tax: transitional accounting arrangements: rates of tax
Updated for standard rate rises announced in 2015 and 2016 Budgets.
Liability of insurance contracts: Higher rate of IPT: Legal provisions and purpose
Updated for standard rate rise from 1 November 2015.
Liability of insurance contracts: Higher rate of IPT: Definition of “motor car” and “motor cycle”
Updated to reflect Budget standard rate rises for 2015 and 2016.

2017

published amendments

Maintaining the IPT register: registration: how notification should be made
Updating with new address for IPT administration.
Overview and the law: the rate of tax
Detailing 2017 standard rate rise.
Abbreviations and glossary
Updating details with new IPT administrative team's name and address.

published amendments

IPT assessments and other matters: Assessments and misunderstandings
change CCU to BTOps
Assessments: errors discovered in values used on the return
change CCU to BTOps
Assessments: errors
change CCU to BTOps
Assessments: central assessments
change CCU to BTOps
Procedures: belated notification or failure to notify penalties
change CCU to BTOps
Procedures: TOGC - transfer of existing registration
change CCU to BTOps
Procedures: waiver of requirement to submit IPT returns
change CCU to BTOps
Procedure tables: voluntary disclosures and errors
change CCU to BTOps
Procedures: registration of groups
change CCU to BTOps
Procedure tables: non-standard tax periods
change CCU to BTOps
Procedure tables: changes to bank account details
change CCU to BTOps
Procedure tables: changes to group registration
change CCU to BTOps
Procedure tables: amendments to registration date
change CCU to BTOps
Procedure tables: incorrect date of registration
change CCU to BTOps
Procedure tables: invalid entries in the IPT Register
change CCU to BTOps
Procedure tables: duplicate entries in the IPT Register
changed CCU to BTOps
Procedure tables: withdrawal of an officer's assessment
changes CCU to BTOps
Procedure tables: amendment of an officer's assessment
changes CCU to BTOps
Procedure tables: issue of an officer's assessment
changing CCU to BTOps
IPT audit assurance: Arrangements for visits: Principal place of business and place to visit
changing CCU to BTOps
Accounting for Insurance Premium Tax: IPT Accounting Provisions: Accounting periods
changing CCU to BTOps
Maintaining the IPT Register: deregistration: cancellation of deregistration
changing CCU to BTOps
Maintaining the IPT Register: deregistration: The IPT registration cancellation procedure
changing CCU to BTOps
Maintaining the IPT Register: Overseas Insurers: Registration Procedures
changing CCU to BTOps
Maintaining the IPT Register: Overseas Insurers: Dealing Directly with HMRC
changing CCU to BTOps
Maintaining the IPT Register: Overseas Insurers: Changing an agent
changing CCU to BTOps
Maintaining the IPT register: registration: notification of registration numbers to traders
updating details for BTOps & new 15 digit registration numbers
Maintaining the IPT register: registration: issue, receipt and processing of IPT 1 forms
changing CCU to BTOps, and adding on-line detail
Maintaining the IPT Register: Procedures for updating the IPT register: Incorrect entries in the register
changed CCU to BTOps
Procedures: amending or correcting the IPT Register
Updating payment options
IPT audit assurance: the purpose of IPT assurance
Updating details about on-line filing of returns
IPT audit assurance: roles and responsibilities
Updating with organisational changes.
Accounting for Insurance Premium Tax: IPT Accounting Provisions: Purpose and outline of this section
Updated for on-line filing of returns
Accounting for Insurance Premium Tax: errors on IPT returns
updating for on-line filing of returns
Accounting for Insurance Premium Tax: IPT Accounting Provisions: IPT Return Forms
Adding details for on-line filing of returns
Maintaining the IPT Register: Overseas Insurers: Returns and payment of tax
Adding details about on-line submission of returns.

published amendments

Procedure tables: incorrect advice to customers
link updated
Procedures: belated notification or failure to notify penalties
link updated
Complaints
link updated
Reviews, appeals and tribunals: conduct of local reviews and appeals
link updated
Reviews, appeals and tribunals: role of Solicitor's Office
link updated
Reviews, appeals and tribunals: role of the Issuing Officer
link updated
Reviews, appeals and tribunals: role of Reviewing Officer
link updated
Reviews, appeals and tribunals: appeals to the Tribunal
link updated
Reviews, appeals and tribunals: timetable for reviews
link updated
Reviews, appeals and tribunals: decisions subject to the review mechanism
link updated
Reviews, appeals and tribunals: purpose and outline of this section
links updated
IPT assessments and other matters: Civil penalties and reasonable excuse
link updated
IPT audit assurance: management of large insurers
links updated
IPT audit assurance: London company market
link updated
IPT audit assurance: Mutual Assistance Directive
link updated
IPT audit assurance: roles and responsibilities
links updated
Accounting for Insurance Premium Tax: purpose and outline of this section
link updated
Maintaining the IPT Register: registration of taxable intermediaries: registration limits and procedure
link updated
Maintaining the IPT Register: deregistration: failure to notify
link updated
Maintaining the IPT register: registration: penalties for failure to register
link updated
Calculating the value of the premium: intermediaries: the effect of intermediaries on the value of the premium
link updated
Overview and the law: what is regarded as insurance?
link updated
Overview and the law: insurers for IPT purposes: purpose and outline of this section
links updated

2018

published amendments

Accounting for Insurance Premium Tax: transitional accounting arrangements: contents
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: relevant dates for transitional and anti-forestalling provisions
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: rates of tax
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: penalties on errors relating to the rate changes
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: contracts providing cover for a period exceeding 12 months
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: the anti-forestalling provisions
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: the effect of a rate change on de minimis policies
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: premiums paid on a monthly or other regular basis
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: monthly written contracts
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: additional premiums
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: special accounting scheme
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: cash receipt method
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: purpose and outline of this section
Updated to reflect the 1 June 2017 rate rise and the changes in transitional arrangements.

published amendments

Accounting for Insurance Premium Tax: contents
Updated to reflect 1 June 2017 rate rise and changes in transitional arrangements.
Update to reflect the 1 June 2017 rate rise and changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: contents
Update to reflect the 1 June 2017 rate rise and changes in transitional arrangements.
Update to reflect the 1 June 2017 rate rise and changes in transitional arrangements.
Update to reflect the 1 June 2017 rate rise and changes in transitional arrangements.
Accounting for Insurance Premium Tax: transitional accounting arrangements: guidance relating to periods prior to 1 June 2017
Update to reflect the 1 June 2017 rate rise and changes in transitional arrangements.

published amendments

Accounting for Insurance Premium Tax: contents
Contents list corrected.

published amendments

Accounting for Insurance Premium Tax: transitional accounting arrangements: contents
Formatting
Accounting for Insurance Premium Tax: transitional accounting arrangements: guidance relating to periods prior to 1 June 2017
formatting