Only £355.50 plus VAT (per course, per attendee) if booked before 31st January!

As the only company focused specifically on this niche market of international tax compliance, FiscalReps has established a reputation as the leading experts in this field.

In an ever-increasing compliance driven environment, training staff in the area of Insurance Premium Tax (IPT) and VAT compliance can have a direct financial benefit by mitigating the risk of premium tax non-compliance. 

Following a highly successful set of fully-booked Insurance Premium Tax (IPT) courses in 2012, further sets of industry-leading IPT training courses will be held in 2013 along with the addition of three levels of VAT training courses.

These one day training courses will give all attendees ample practical and technical knowledge of IPT and VAT to make an immediate and positive impact within their organisation.

The courses are run in an interactive format using a variety of learning mediums including presentations, group discussions and application of knowledge by worked examples.

There are a maximum number of 12 attendees per course.

All participants will have the opportunity to evaluate the course on completion. This feedback enables us to constantly update and improve our syllabus.

All participants will receive a comprehensive Learning Pack and a FiscalReps certification on successful completion of the course.

Location

The majority of our courses are held in central London; however we can hold our courses in-house at your offices if requested. Our principal training venue is 10 Fenchurch Avenue, London EC3M 5BN

Car parking is available nearby
Bank station 5 minutes on foot: Northern, Central, DLR and Waterloo & City lines
Monument station 5 minutes on foot: Circle and District lines
Liverpool Street station 10 minutes on foot: National Rail network
Fenchurch Street station 2 minutes on foot: National Rail network
London City Airport 25 minutes by DLR to Bank station

IPT Training Courses

1. IPT Basics

The Basic course gives attendees entry point information on the regulations and laws governing premium taxes across the EU, considering the regional differences and highlighting the sources of information available in order to collect reliable and accurate tax rate information.

After introducing the concepts of Location of Risk and Class of Business and how they impact the calculation of premium taxes, worked examples are used to demonstrate how premium and other parafiscal taxes are calculated.

Finally, delegates are given an introduction into premium tax compliance, highlighting the multitude of regular compliance requirements for taxpayers, and what can happen if compliance failures occur.

2. IPT Intermediate

Building on the knowledge gained on the Basics course, Intermediate focusses on detailed premium tax issues that relate to specific classes of insurance business.

The Intermediate course also expands the area of premium allocation, identifying the criteria used to determine the appropriate allocation methodology and demonstrating calculations through worked examples.

Finally the Intermediate course considers the premium tax implications for policyholders, brokers and insurers when writing global programs either on a non-admitted basis or in co-insurance arrangements.

3. IPT Advanced

The Advanced course details the systems, processing and accounting requirements for accurate premium tax reporting.

Covering accounting requirements and financial implications of tax errors, the Advanced course provides delegates with guidance when dealing with tax office inspections or audits and finally considers at a high level how to translate the corporate governance of an organisation into a robust and effective premium tax compliance system.

Training Calendar March 2013

IPT Basics – 4th March

IPT Intermediate – 5th March

IPT Advanced – 7th March

Course Fees per attendee

IPT Basics – £395 plus VAT (£355.50 plus VAT if booked before 31st January)

IPT Intermediate – £395 plus VAT (£355.50 plus VAT if booked before 31st January)

IPT Advanced – £395 plus VAT (£355.50 plus VAT if booked before 31st January)

Attendees wishing to sign up more than one course can avail of the following discounts:

  • 1 course £395 plus VAT per attendee (£355.50 plus VAT if booked before 31st January)

  • 2 courses £710 plus VAT per attendee (£639 plus VAT if booked before 31st January)

  • 3 courses £1,000 plus VAT per attendee (£900 plus VAT if booked before 31st January)

Your Training Team

Mike Stalley FCA, Chief Executive of Fiscal Reps Limited
Mike is the training manager who offers over 15 years experience of insurance and financial services. A qualified chartered accountant with extensive experience of international insurance operations, Mike oversees all aspects of both the day-to-day and long-term operations of FiscalReps. Mike founded the company in 2003 after encountering first-hand the challenges of achieving IPT compliance in the European Union.

Nick Hammond, IPT Consultant – European Tax Practice of Fiscal Reps Limited
Nick is an insurance premium tax specialist having worked 22 years in the insurance sector, including 12 years in indirect taxes. After 5 years of both VAT and IPT work with GRE and then AXA he worked as an IPT consultant with KPMG for 6 years before joining FiscalReps.

Information on the VAT training course can be found at www.fiscalreps.com/training