85% of SMEs concerned over potential IPT tax rise

Stacked pound coins

More than eight out of 10 small businesses are concerned about the possibility of a rise in the insurance premium tax, according to research.

A survey by Allianz with 250 SME business leaders saw 85% of the SMEs were concerned about the financial impact on their businesses if there is another rise in the rate of IPT.

The standard rate of

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