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Insurance Premium Tax

Insurance Premium Tax

Ensure you have every aspect of your Insurance Premium Tax (IPT) covered with our specialist IPT team and global network of contacts.

Ensure you have every aspect of your Insurance Premium Tax (IPT) covered.

Is your business confident that Insurance Premium Tax (IPT) has been correctly calculated and paid to the right authority?

IPT continues to gain prominence in many jurisdictions as tax authorities look to increase revenue. Errors or omissions by your organisation could not only lead to retrospective tax liabilities, but also financial penalties, as well as reputational damage.

Protecting your company’s best interests is paramount.

At KPMG, our specialists are at the forefront of IPT, regularly meeting with the European Commission so we can best understand the specific issues affecting your business. 

In the UK, our specialist IPT team has an international network of contacts ready to give advice. We also have technological solutions to assist your business in meeting your obligations and managing the amounts of tax paid in a cost effective way.

To find out how IPT affects your business, to talk to an expert, or to discuss how to harness new technology, contact us today. 

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