Policy paper
Changes to Insurance Premium Tax: increase to standard rate
This tax information and impact note applies to all insurers who provide non-exempt insurance cover for UK risks and the brokers and agents who act for them.
Documents
Details
The measure will increase the rate of Insurance Premium Tax (IPT) paid on premiums which are taxed at the standard rate of IPT by 0.5%.
Updates to this page
Published 16 March 2016