V18.121 Credit
Regulations under FA 1994, s 55 provide for credit where a premium or taxable intermediary's fee is repaid1. Credit is given where2:
- Ìý
•ÌýÌýÌýÌý an insurer has paid tax on the premium and any part of the premium is repaid to the insured, or
- Ìý
•ÌýÌýÌýÌý a taxable intermediary has paid tax on a fee and any part of the fee is repaid to the insured
If
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Web page updated on 17 Mar 2025 15:16