IPT rise would not have ‘significant impact’ on Hastings
A speculated insurance premium tax hike in the 16 March Budget would not disadvantage Hastings Insurance Group due to the company’s high market share from comparison websites, according to its chief financial officer, but customers would be worse off.
CFO at the underwriter and broker Richard Hoskins, pictured, said any increase in tax, particularly following last year's increase from 6% to 9.5%, was "unfortunate and not good for customers".
Howeve
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