IPTM9070 - Overseas insurers: nomination
of a tax representative: approval procedure: information to be sent
to HMRC
Information that must be sent to HMRC relating to the
nomination
Once an insurer has nominated a person to be its tax
representative, it should send details of the nomination to HMRC
for approval. The information that must be sent is
- the full name or title under which the
overseas insurer is registered in the country in which its
principal place of business is situated and its address in that
country
- the business address of any branch or
agency which the overseas insurer has in the UK
- the name of the person nominated, and the
address of
- that person’s fixed place of residence in
the UK, where the nominated person is an
individual, or
- its business establishment in the UK, where the
nominated person is
not an individual
- the consent of the person nominated that
he or she is willing to secure that the relevant duties are
discharged by or on behalf of the overseas insurer, signed by
- the individual, where the person nominated is an
individual
- by the ’proper officer of the
company’, where the person nominated is a
company, or
- by any partner, where the person nominated is a
partnership
- identity of the HMRC office to which the
person nominated submits tax returns and the tax reference under
which they are submitted.
The
proper officer of the company is the secretary or
person acting as secretary, or some other person authorised to act
on the company’s behalf.
Incomplete information
A nomination that does not include all the information listed
above will not be treated as valid. HMRC will write to an overseas
insurer who submits an invalid nomination to tell it what
amendments it needs to make to the nomination in order for it to be
accepted.
