The impact of IFRS 17 on tax

IFRS 17 has potential wide reaching impacts for insurers - but one particular area which needs to be assessed for potential impacts is tax.

At PwC we have made use of both our IFRS 17 expertise and our experience of the tax issues facing insurers to set out some of the areas where tax may impact.

Watch our latest videos below to see our latest views on the impact on tax of IFRS 17 - and keep an eye out for future publications and developments here.

Please do get in touch to let find out how PwC can help you face IFRS 17 with confidence.

Our UK tax reporting & strategy leader Jonathan Howe discusses the potential impact of IFRS 17 on tax from an operational and systems perspective - looking at how to manage risk and the opportunity to make efficiency gains.

Jonathan is a tax partner with over 25 years’ experience providing services to multinational organisations. He leads our UK Tax Reporting and Strategy business helping clients deliver on their tax responsibilities strategically, operationally and digitally - consulting with clients to innovate the way in which their tax functions deliver on their needs.

Our Leader of FS Tax for the North Susie Holmes discusses the multiple factors to consider when assessing the impact of IFRS 17 on tax reporting.

Susie is an insurance tax partner with extensive experience of insurance tax reporting. She leads PwC's audit of tax work for a number of insurance audit clients and supports a number of other insurance clients with preparing their tax accounting disclosures. Susie works with a range of insurance clients including UK and multinational businesses reporting under a range of GAAPs including IFRS, US GAAP and UK GAAP.