As announced in November 2016’s Autumn Statement, Insurance Premium Tax (IPT) is to increase to 12%. First introduced back in 1994, IPT is a tax on insurance premiums split into two different bands. The lower of the two, which is being raised from the current 10% rate to 12%, applies to the likes of commercial […]
The post Reminder: Insurance Premium Tax (IPT) Increases to 12% in June 2017 appeared first on constructaquote.com blog, news and guides.
https://blog.constructaquote.com/insurance-premium-tax-june-2017/
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