16.02.2017
Other opportunities
Download Print

Insurance premiums in Statement of Amounts Paid to Individual (2/7/17)

Companies often cover their staff insurance costs, i.e. pay insurance premiums out of their own funds. The employer includes these contributions in the Statement of Amounts Paid to Individual (Summary). This article explores how to report insurance amounts in the Statement, depending on whether their calculation involves using a ratio, splitting the amounts according to the period specified in the contract or invoice, or including amounts actually paid in a particular period.

Share the article

If you have any comments on this article please email them to lv_mindlink@pwc.com

Ask question