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Government must tread carefully on IPT: Biba
10 June 2010
The British Insurance Brokers’ Association (Biba) is urging the UK government not to increase the 5% rate of insurance premium tax (IPT) on insurance products in its next Budget on June 22.
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British Insurance Brokers’ Association
Biba
IPT
insurance premium tax
budget
The British Insurance Brokers’ Association (Biba) is urging the UK government not to increase the 5% rate of insurance premium tax (IPT) on insurance products in its next Budget on June 22.
Biba believes that increasing taxes on general insurance will prove counterproductive. Increases to tax on premiums...
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