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Official guidance
Insurance Premium Tax

IPT04300 · Liability of insurance contracts: Risks outside the UK

  • IPT04310 · Legal provisions
  • IPT04320 · Establishing the location of a risk
  • IPT04330 · Habitually resident
  • IPT04340 · Establishment
  1. Liability of insurance contracts: Risks outside the UK: Contents
  2. Liability of insurance contracts: Risks outside the UK: Legal provisions

IPT04310 | Liability of insurance contracts: Risks outside the UK: Legal provisions

From HM Revenue & Customs · Insurance Premium Tax

Paragraph 8(1) of Schedule 7A to the Finance Act 1994 exempts a contract of insurance:

… if it relates only to a risk which is situated outside the United Kingdom.

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