IPT

Insurance premium tax changes may be coming

Earlier this year the Government issued a call for evidence on the operation of insurance premium tax (IPT). It asked for comments on how the administration and collection of IPT could be improved, and also for comments on how emerging...

New anti-forestalling measures for insurance premium tax

In today’s Budget the Chancellor announced new anti-forestalling provisions in relation to IPT. These changes will take immediate effect. The government will legislate to introduce new anti-forestalling provisions for IPT.  These new provisions will replace those already in place and...