The hike in insurance premium tax (IPT) on private medical insurance puts the UK at a disadvantage compared to other countries in the European Union (EU), Medicash has said.
The cash plan provider said claims from Chancellor George Osborne's that the move brought UK firms into line with Europe were untrue. The standard rate of insurance premium tax - the tax paid each time...
‘Important to have an anchor’
Report to be written by TPR
Lack of innovation for solutions
Some 2,000 consumers affected