BUDGET 2010: IPT increase should not be ignored
Independent consultancy Fiscal Reps is urging the insurance industry to take note of the increase in the rate of insurance premium tax in today’s emergency Budget.
Mike Stalley, Fiscal Reps founder, said: “The increase in the basic rate of IPT, from 5% to 6%, and in the higher rate, from 17.5% to 20%, is a significant piece of news.Overlooking this development
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