Insurance Brokers

Don’t Risk a Fine; Register Those Trusts, Advises HSBC Life

Advisers are concerned about their clients risking HMRC fines, by failing to register trusts with the Trust Registration Service (TRS) by 1st September, according to new research from HSBC Life (UK), the HSBC Group’s insurance business. […]

News

New Report: Tougher Real Time VAT Reporting Ahead?

Global tax software leader Sovos has released its 13th annual Trends report, the industry’s most comprehensive study of global value-added tax (VAT) mandates and compliance controls. The report, “Trends,” is a comprehensive look at the world’s […]

Insurance Brokers

Close Brothers Calls For Common Sense Budget 2021

Any changes to business assets disposal relief (entrepreneurs tax relief) in the March Budget will accelerate the number of brokers selling up and leaving the profession, according to Paul Trail, managing director of Close Brothers […]

Motor Insurance

BIBA Calls For Zero IPT On Telematics Car Cover for Under 25s

BIBA’s Executive Director, Graeme Trudgill, called for Government to zero-rate Insurance Premium Tax (IPT) for young driver telematics policies while giving oral evidence at the Transport Committee’s Inquiry into Road Safety and Young and Novice […]

UK Insurance Trends

Carrot Calls For IPT Discount For Telematics Users Under 25

Young driver insurer Carrot Insurance (part of UK-based global telematics leader Trak Global Group) has urged the powerful House of Commons Transport Committee to champion technology as a proven means of reducing the risk of […]

News

Covid-19 Proves Final Straw for Estimated 240,000 Self-Employed

The August 2020 report from the Office for National Statistics, shows a record fall of self-employed people, reports Bambridge Accountants. 238,000 fewer self-employed individuals in the latest quarter (April to June 2020 compared to January to March […]