Until now, premiums have attracted varying GST rates. Health insurance, ULIPs, and term life were taxed at 18 per cent, while endowment policies carried 4.5 per cent GST on the first premium and ...
NHS waiting times and workplace health schemes are likely to be the biggest driving factors for more people to opt for PMI.
To comply with MTD, you will need compatible accounting software. HMRC does not provide its own accounting software, although ...