Insurance Premium Tax definition

Insurance Premium Tax means those levies imposed pursuant to Sections 624 and 628 of Title 36 of the Oklahoma Statutes; and
Insurance Premium Tax include any Tax of a similar nature;
Insurance Premium Tax means the tax charged in accordance with Part III Finance Act 1994 or any tax of a similar nature introduced in substitution for, or in addition thereto; £1m Primary 500,000 £2m Primary 550,000 £3m Primary 600,000 £1m in excess of £1m 50,000 £1m in excess of £2m 50,000 £2m in excess of £1m 100.000100,000

Examples of Insurance Premium Tax in a sentence

  • If no premium has been paid, then a time on risk premium inclusive of Insurance Premium Tax (“IPT”), and in addition any relevant administration costs, may be charged.

  • Insurance premiums attract Insurance Premium Tax at the prevailing rate.

  • If no premium has been paid, then a time on risk premium inclusive of Insurance Premium Tax (‘‘IPT’’), and in addition any relevant administration costs, may be charged.

  • If cover has started We will refund the premium for the exact number of days left on the policy minus an administration fee of £25 plus Insurance Premium Tax.

  • This will normally be calculated as a small percentage of our whole account which, depending on the profitability of your insurance policy, can be calculated as a percentage of the total annual premium you pay (excluding Insurance Premium Tax (IPT)).


More Definitions of Insurance Premium Tax

Insurance Premium Tax means any taxes that may be payable at the rate applicable from time to time.
Insurance Premium Tax means (a) UK insurance premium tax as provided for in the UK Finance Xxx 0000 and the UK Insurance Premium Tax Regulations 1994 (SI 1994/1774); and (b) any Tax of a similar nature to the tax in (a) which is levied in the European Union;
Insurance Premium Tax means the tax charged in accordance with Part III Finance Xxx 0000 or any tax of a similar nature introduced in substitution for, or in addition thereto; Premium Cap means, the amount specified in the second column of the table below (entitled “Limit”) for the applicable insurance layer set out beside it in the first column of that table (entitled “Insurance Layer”): Insurance layer Limit £ Premium Payable means the amount of the premium (including any risk premium in respect of the ARP and all levies and charges relating to a Policy) due from a Firm to a Qualifying Insurer (excluding any amount in respect of Insurance Premium Tax), whether or not actually received by that Qualifying Insurer in respect of:
Insurance Premium Tax means insurance premium tax as provided for in the Finance Xxx 0000 and any other tax from time to time replacing it or of a similar fiscal nature
Insurance Premium Tax means Insurance Premium Tax as provided for in Part III of and Schedules 7 and 7a to the Finance Act 1994 or any similar tax payable in respect of insurance premiums which replaces or is introduced in addition theretoInsurance Product’ means the products specified in Appendix 1 ‘Introducer Appointed Representative’ shall have the same meaning given to that term as defined in the FCA Handbook glossary ‘Non-real time financial promotion’ means a Financial Promotion which is not made in the course of a personal visit, a telephone conversation or other interactive dialogue ‘Parties’ means the Principal and the Introducer Appointed Representative and ‘Party’ means either of them ‘Policy’ means any policy or contract of insurance
Insurance Premium Tax means the tax charged in accordance with Part III Finance Act 1994 or any tax of a similar nature introduced in substitution for, or in addition thereto; Premium Cap means, the amount specified in the second column of the table below (entitled Insurance layer Limit £ Premium Payable means the amount of the premium (including any risk premium in respect of the ARP and all levies and charges relating to a Policy) due from a Firm to a Qualifying Insurer (excluding any amount in respect of Insurance Premium Tax), whether or not actually received by that Qualifying Insurer in respect of:
Insurance Premium Tax means the tax levied pursuant to 28