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View Full Version : Insurance Premium Tax Increase Hits Your Pocket From Today



NewsBot
01-Jun-17, 09:00
The Caithness Business Index (http://www.caithness-business.co.uk) has posted the following article:

Insurance Premium Tax Increase Hits Your Pocket From Today




Hard-pressed households face a further squeeze on their family budgets when the latest increase in the government's Insurance Premium Tax (IPT) to 12% comes into effect on 1 June, only eight months after it rose to 10%. The tax is payable on most general insurance policies including home, motor, pet, private medical insurance, and cash plans taken out by individuals, as well as commercial insurance taken out by businesses. [Read Full Article (http://caithness-business.co.uk/article.php?id=7457)]