Skip to main content

IPT to rise again #tax 

By 4th January 2018No Comments
The 0.5% rise is the second in less than a year and Chancellor said extra money raised would go towards flood protection.
The Chancellor of the Exchequer, George Osborne, has increased insurance premium tax again from 9.5% to 10%. The increase follows on from the rise from 6% to 9.5% in the Summer Budget in July last year..
Tim Kelly

Tim is a highly qualified Independent Engineer with over 20 years experience as an Engineering Assessor of damaged vehicles.

Leave a Reply