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Premextra – December's edition is out now

In this final edition of 2014, we take a retrospective look at the year with our customary news review and we provide some essential updates for you on how motorcycle claims are being treated in the new Fixed Fee Medicals process. 

Important notice re VAT changes

Her Majesty’s Revenue and Customs is changing the rules for how VAT is calculated for businesses offering prompt payment discounts, with the new regime beginning in April 2015. At present, VAT is charged on the discounted amount regardless of whether the customer makes a prompt payment, but as of next spring the tax charge will be made on the actual amount paid. A discount is offered through the MRO agreement if the invoice is paid within 90 days.

Clarification on motorbike claims in FFMs

While we await further clarification from the Ministry of Justice on its next set of adjustments to the pre action protocol on fixed fee medicals, Premex would like to inform you that motorbikes and scooters will remain out of scope.

New management quartet appointed at Premex

Premex Group has made four new appointments to its management in support of the company's continued growth.

News review of the year 2014

The year rounded off with a bit of Labour opposition electioneering and the promise of a LASPO review, but which headlines caught your eye in 2014?