SG15670 | Introduction and the law: the law on security: Insurance Premium Tax: power to direct a registrable person to make monthly returns
From HM Revenue & Customs · Securities Guidance
Under section 54(b) of the Finance Act 1994, and regulation 12(4)(a) and (b) of the Insurance Premium Tax Regulations 1994, the Commissioners may allow or direct a registrable person to make monthly returns.