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Anguilla Exempts All Insurance Services from GST

05 January 2024

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Approved Changes

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Anguilla

Anguilla's Inland Revenue Department announced on 29 December 2023 that all insurance services have been exempted from GST with effect from 7 December 2023. --- Press Release All Insurance Services Exempt Comptroller of the Inland Revenue Department (IRD) advises on amendments to the Goods and Services Tax (GST) Act to permit all insurance services to be exempt effective Thursday 7th December, 2023. Persons should be guided as follows: Exemption of Insurance Services from GST: All insurance services are now exempt from GST. Insurance providers registered for GST should stop charging GST on any insurance services supplied. Input Tax Credits: Insurance...