Changes in Insurance Premium Tax
Insurance Premium Tax(IPT) was first introduced in 1994: it’s an indirect tax applied by the government on all general insurance premiums. Unlike VAT, companies are not able to claim this back […]
Insurance Premium Tax(IPT) was first introduced in 1994: it’s an indirect tax applied by the government on all general insurance premiums. Unlike VAT, companies are not able to claim this back […]
IPT stands for Insurance Premium Tax. Effectively it is the tax that is charged on top of your premium which is then collected by your insurer and paid to the […]