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Contents

Legislation
Finance Act 1994

Crossheading The basic provisions

  • Section 48 Insurance premium tax.
  • Section 49 Charge to tax.
  • Section 50 Chargeable amount.
  • Section 51 Rate of tax.
  • Section 51A Premiums liable to tax at the higher rate.
  • Section 52 Liability to pay tax.
  • Section 52A Certain fees to be treated as premiums under higher rate contracts.
  1. The basic provisions
  2. Liability to pay tax.

Section 52 | Liability to pay tax.

From legislation.gov.uk

(1)Tax shall be payable by the person who is the insurer in relation to the contract under which the premium is received.

(2)Subsection (1) above shall have effect subject to any regulations made under section 65 below.

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