Tax Alert – UK – IPT Rate Increasing Again in 2017

In the latest Conservative budget, Philip Hammond has confirmed that the Insurance Premium Tax rate in the UK will again increase from 10.00% to 12.00% from June 2017.

We are monitoring developments closely and will provide details on timings and the transitional period as soon as possible.

For any further information related to Insurance Premium Tax please do not hesitate to contact us: info@impendulo.com.