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Latest news

Surprise insurance premium tax increase announced by Chancellor

Chancellor of the Exchequer George Osborne caught the insurance industry by surprise this week with an announcement that the standard rate of insurance premium tax (IPT) will rise from 6% to 9.5% from November.

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“To get claims assistance on a Saturday and explain your ill fated experience, which included the support of the Spanish Rescue Service, is of tremendous help.” Keith Musto

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