Further IPT hike would be 'double blow' for UK businesses, ABI warns
Insurance premium tax adds to 'cocktail of threats'
Another increase in insurance premium tax (IPT) will be a double blow for business at a time when the UK economy faces a ‘cocktail of threats,' the Association of British Insurers (ABI) has warned.
The warning follows new figures published today that show last November's IPT increase could cost business nearly £500m in higher commercial insurance premiums, including health insurance. Further increases...
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