With premium tax compliance increasingly under the spotlight, FiscalReps can provide an independent, expert assessment of your present compliance processes.
For insurers, this can reassure clients by verifying that their obligations are being correctly handled. Through an independent audit of your processes we can confirm that IPT is being properly accounted for from point of sale through to tax submission.
For policyholders and captive owners, our review service provides a valuable support to effective corporate governance. By vetting your insurers? processes we can determine if IPT is being correctly calculated and paid, an obligation for which, under the Kvaerner ruling, the insured can ultimately be held liable.
To learn more about our Systems Review service contact us via +44 (0)20 7990 7575.
