Budget 2020: What are the Chancellor's options on IPT?
Insurers have ramped up lobbying attempts to convince the government to slice the rate of Insurance Premium Tax. Post investigates why they may well have good reason to be worried it could be cranked up the other way.
“Damaging”; “Why on earth you would want to do that is unfathomable”; “stealth tax”.
This is often how insurers have described current levels of IPT, but the above words come from tax experts
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