Insurance premium tax increase announced for November 2015
Click here to read our client briefing on the changes to Insurance Premium Tax (IPT).
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It is still early days so we’re working through the questions our clients may have about the IPT adjustment and working with insurers and suppliers to ensure a smooth transition in November.
If you have any questions about your current insurance arrangements and the effect the rise in IPT may have on them please speak to your account executive.
For detailed tax advice you will need to speak to your accountant or other professional tax adviser.
You can also go to the HRMC website at www.gov.uk for information on the types of insurances affected, exemptions and detailed information about IPT.