Wef 1st June 2017 – IPT change

The UK Government has imposed a further higher rate of premium tax on all insurance policies.

As a result of the autumn 2016 budget statement, Insurance Premium Tax (IPT) is due to rise from its current level of 10% to 12% on Thursday 01 June 2017. We are happy to answer any queries you may have on how this impacts on your own commercial insurance portfolio.

Tuesday, May 23, 2017|
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