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Budget 2010: Broker IPT burden significantly reduced

steve-white

Broker trade bodies the British Insurance Brokers’ Association and the Institute of Insurance Brokers have both expressed their satisfaction following the publication in today’s Budget of the final legislation extending the scope of insurance premium tax.

The two trade bodies said they have achieved a significant reduction in scope, compared to the original text in the Pre-Budget Report, following a joint lobbying campaign.

Steve White, Biba head of

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