IPT increase to add £13 to motor policies, claims ABI
The Association of British Insurers has highlighted how a range of policies will be impacted when the Insurance Premium Tax increase takes effect in November.
The ABI said the tax hike will affect 7.3 million car policies, 4.7 million household policies, 3 million pet policies and 3 million private medical insurance policies.
Any policies taken out after 31
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