Insurance Premium Tax (IPT)
BUDGET 2010: Healix predicts IPT related PMI premium hike
Healthcare trust specialist Healix has predicted an increase in private medical insurance on the back of the 1% rise in insurance premium tax announced in yesterday’s emergency budget.
BUDGET 2010: Insure and Go founder criticises “punishing” IPT tax rise
Insure and Go founder Perry Wilson has criticised Chancellor George Osborne’s decision to increase insurance premium tax.
Insurers seek to make up shortfall after hike in IPT
Insurers with policyholders paying by monthly instalments look set to be worst hit by the standard 1% hike in insurance premium tax, announced in Tuesday's budget.
Editor's comment: Travel's IPT headache
It has certainly been a busy few weeks for the chancellor George Osborne.
BUDGET 2010: Bluefin boss claims IPT hike will not delay hard market
Bluefin CEO Stuart Reid has admitted a more significant increase in insurance premium tax may have further delayed a hard market.
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.