FiscalReps offers unparalleled expertise in global premium tax and VAT compliance, on a consultancy basis, to insurance businesses wishing to review and improve their internal compliance processes or to meet other specific requirements.
FiscalReps has developed a range of standard products designed to review existing premium tax and VAT compliance systems, processes or liabilities in order to assess their accuracy, and where necessary, implement the necessary remedial action to correct compliance failures identified. These products include:
A suite of full service tax & regulatory solutions for insurance businesses operating within the US insurance market
The rules for General Betting Duty, Pool Betting Duty and Remote Gaming Duty have changed
FiscalReps regularly completes consultancy projects for insurers to help them ensure that they are premium tax compliant
FiscalReps have the expertise to answer all your VAT related questions.
FiscalReps can also undertake worldwide regulation and insurance tax projects for individual insurers and policyholders. Typically, these projects include finding tax rates for insurers operating in new territories, unravelling taxes now due on life insurance, and providing settlement of historic taxes.
Examples of bespoke projects undertaken include:
Tax Systems Review
Parallel Runs of Premium Transactions
Review of Premium Taxation on Life & Long-term Products
Review of VAT in various countries