ABI releases video urging no further IPT rises
The Association of British Insurers has launched a video urging the Chancellor not to increase Insurance Premium Tax in the November budget.
The standard rate of IPT has increased from 6% to 12% in less than 18 months. An ABI-commissioned study found that IPT is currently raising £4.8bn a year, or £179 per household. Around half of IPT is
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