Insurance Premium Tax increase on one November ABI sets out the facts

With less than a week to go until Insurance Premium Tax (IPT) increases on the 1st November 2015, the ABI is today setting out the key facts about who will be affected by the switch.

The standard rate of Insurance Premium Tax – the tax paid each time an insurance policy is purchased in the UK – is rising from 6% to 9.5%. Contine reading →