DMBM540335 - Debt and return pursuit: Insurance Premium Tax: Who is liable to pay the debt? »Ê¹ÚÌåÓýapp Insurer
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»Ê¹ÚÌåÓýapp person liable to pay Insurance Premium Tax is usually the insurer to whom the premium is due under the taxable insurance contract. However a taxable intermediary can also be liable. For further information please see DMBM540340.
»Ê¹ÚÌåÓýapp insurer is the taxable person, responsible for rendering returns and paying tax due Section 52 (1) of the Finance Act 1994, provides:
Tax shall be payable by the person who is the insurer in relation to the contract under which the premium is received.