Sovos Continues European Expansion with Acquisition of FiscalReps, Adding Leading Solution for Insurance Premium Tax Compliance
05 Oct 2017
Global tax compliance and reporting software leader Sovos announced today that it has acquired U.K.-based FiscalReps, Europe’s leading solution for Insurance Premium Tax (IPT) compliance, adding a critical indirect tax solution to its Intelligent Compliance Cloud and expanding its team to support increased demand for tax and reporting automation in the region.
Incoming IPT Increase To Potentially Impact De Minimis Provisions
03 May 2017
Current UK de minimis provisions for UK Insurance Premium Tax (IPT) might become more attractive for insurers to utilise following the increase from 10% to 12% on 1st June 2017.
FiscalReps Welcomes Ilka McHugh to Client Director Team
26 Oct 2016
FiscalReps, the award winning global indirect tax specialists, has appointed Ilka McHugh as Client Director, Technology.
IPT ERRORS COULD CAUSE SIGNIFICANT DROP IN UNDERWRITING PROFITS
18 Nov 2015
Speaking yesterday at the FiscalReps Indirect Tax Academy, Mike Stalley, FCA, Founder and Chief Executive of FiscalReps, set out the potential costs of an Insurance Premium Tax (IPT) error.
PREMIUM TAX BACK IN THE SPOTLIGHT
13 Nov 2015
This month’s increase in the UK Insurance Premium Tax (IPT) rate has renewed the focus on IPT, stressing the importance of filing these taxes accurately for all insurers, particularly those with international operations.
