Insurance Premium Tax increase from 1st June 2017 – A more practical transition

The rate of Insurance Premium Tax (IPT), applicable to all insurance premiums and customer insurance charges/fees, is due to increase to 12% from the 1st June 2017.

Fortunately, unlike the previous rate increases, the government has allowed a more practical transition period of a year. Please read our IPT NOTICE JUNE 2017 for a more detailed explanation of how this will affect you.

Date: May 8th, 2017 | Categories: News | By: | Comments: 0

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