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Official guidance
Insurance Premium Tax

IPT10000 · Procedures: contents

  • IPT10025 · Procedures: registration of groups
  • IPT10050 · Procedures: waiver of requirement to submit IPT returns
  • IPT10075 · Procedures: belated notification or failure to notify penalties
  • IPT10100 · Procedures: TOGC - transfer of existing registration
  • IPT10125 · Procedures: amending or correcting the IPT Register
  • IPT10150 · Procedure tables: duplicate entries in the IPT Register
  • IPT10175 · Procedure tables: invalid entries in the IPT Register
  • IPT10225 · Procedure tables: incorrect date of registration
  • IPT10250 · Procedure tables: amendments to registration date
  • IPT10275 · Procedure tables: changes to group registration
  • IPT10300 · Procedure tables: changes to bank account details
  • IPT10325 · Procedure tables: insolvent insurers
  • IPT10350 · Procedure tables: non-standard tax periods
  • IPT10375 · Procedure tables: voluntary disclosures and errors
  • IPT10400 · Procedure tables: applications to use the special accounting scheme
  • IPT10425 · Procedure tables: issue of an officer's assessment
  • IPT10450 · Procedure tables: amendment of an officer's assessment
  • IPT10475 · Procedure tables: withdrawal of an officer's assessment
  • IPT10500 · Procedure tables: liability notices - operational arrangements
  • IPT10525 · Procedure tables: misunderstanding
  • IPT10550 · Procedure tables: incorrect advice to customers
  1. Procedures: contents
  2. Procedure tables: changes to group registration

IPT10275 | Procedure tables: changes to group registration

From HM Revenue & Customs · Insurance Premium Tax

This table covers the addition of a member to an existing group, any change to an existing group registration, or a change of the representative member.

  1. Where a company joins a group registration, ensure any existing registration (for that company) is cancelled.

  2. When a company leaves a group registration (through their own request or exclusion by the Department), ensure its liability to be separately registered is considered.

  3. Details should be sent to BTOps for any changes to the registration, or a change of the representative member.

  4. For a change of the representative member, the request for a company to cease acting as the representative member for the group must be accompanied by the appointment of a new representative member. This will require the completion of Forms IPT 50, and IPT 51 if the old representative member is remaining in the group.

  5. If the new representative member is in another LIPTO’s area, transfer the IPT folder.

  6. If the old representative member is leaving the group altogether, consider the liability for a separate registration.

  7. If the old representative member is staying in the group, the BTOps system will automatically allocate it a new reference number within the group.

  8. Any disbanding of a group registration, or refusal of an application, should be dealt with by the representative member’s LIPTO.

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