Insurance premiums incurred by members of Lloyd’s of London insurance market can no longer be deducted before profits from the reinsured underwriting business are taxed, the government has anno
An accountant needs professional indemnity cover as much as a skydi
Is car insurance paid by the company for an employee using a company car classed as a benefit in kind?
Now that the dust appears to have settled from UK-wide rioting, AccountingWEB members have looking at the practical effects on businesses.
Am I correct in thinking that the only potential income tax due is that due on the interest that has accrued on the claim? (Not the loan interest refunded or premiums refunded)
I am in the process of making an insurance claim, due to a fire in our office building recently.
After I successfully fought off a complaint to my professional body with the help of solicitors retained by my insurers, the solicitors have sent me a bill asking me to pay the VAT only as their n
UK businesses are exposing themselves to significant and unnecessary losses due to 'serious flaws' in the way their corporate insurance policies are arranged, according to a new report.
Looking at client bank statements, payments to insurance companies are described as OB. What does this term mean? Is it relevant to tax?
Thanks for all replies