Global tax software leader and expert Sovos recently released its Insurance Premium Tax (IPT) guide for insurers. The guide provides trusted guidance to both those new to IPT and seasoned tax professionals concerned about cross-border compliance. […]
BIBA’s Executive Director, Graeme Trudgill, called for Government to zero-rate Insurance Premium Tax (IPT) for young driver telematics policies while giving oral evidence at the Transport Committee’s Inquiry into Road Safety and Young and Novice […]
Young driver insurer Carrot Insurance (part of UK-based global telematics leader Trak Global Group) has urged the powerful House of Commons Transport Committee to champion technology as a proven means of reducing the risk of […]
Some reaction to Chancellor Rishi Sunak’s statement in the House of Commons yesterday, from Angus Roy, charity director at Ecclesiastical: “While it is encouraging that the government is providing a much-needed boost to the economy, […]
The average cost of motor insurance has increased by £24 in the past quarter according to the latest Premium Drivers report by Compare The Market. The average car insurance premium in Q1 2020 (December – […]
Updated 17.03.2020. Chancellor announces £330 billion extra in support for individuals and business. Small traders can access grants up to 10K SMEs can apply for grants up to 25K Three month mortgage break for homeowners […]
The British Insurance Brokers’ Association (BIBA) had highlighted four areas relating to Insurance Premium Tax (IPT) which the Government and the new Chancellor should heed. The rate of IPT on most insurance policies sits at […]
The ABI is urging the Government to cut the rate of Insurance Premium Tax (IPT) in the forthcoming March Budget. The ABI made the same call last year but the government failed to listen, so […]
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