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Official guidance
Insurance Premium Tax

IPT06600 · Insurance premium tax: Maintaining the IPT Register: Procedures for updating the IPT register

  • IPT06610 · Maintaining the IPT Register: Procedures for updating the IPT register: Purpose and outline of this section
  • IPT06620 · Maintaining the IPT Register: Procedures for updating the IPT register: Correcting or amending the register
  • IPT06630 · Maintaining the IPT Register: Procedures for updating the IPT register: Duplicate entries in the register
  • IPT06640 · Maintaining the IPT Register: Procedures for updating the IPT register: Invalid entries in the register
  • IPT06650 · Maintaining the IPT Register: Procedures for updating the IPT register: Incorrect entries in the register
  • IPT06660 · Maintaining the IPT Register: Procedures for updating the IPT register: Incorrect date of registration
  • IPT06670 · Maintaining the IPT Register: Procedures for updating the IPT register: Procedures for changes to bank account details
  • IPT06680 · Maintaining the IPT Register: Procedures for updating the IPT register: Failure to notify changes
  1. Insurance premium tax: Maintaining the IPT Register: Procedures for updating the IPT register: Contents
  2. Maintaining the IPT Register: Procedures for updating the IPT register: Procedures for changes to bank account details

IPT06670 | Maintaining the IPT Register: Procedures for updating the IPT register: Procedures for changes to bank account details

From HM Revenue & Customs · Insurance Premium Tax

Many insurers pay IPT by direct debit. It is therefore especially important that bank account details are correct and any changes are dealt with promptly. Any change to existing bank account details must be notified by the insurer in writing.

The procedures for changing bank account details are explained in IPT10300.

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