IPT increase next month

Home » News » IPT increase next month
IPT increase next month
Date: 
31/05/2017

Be prepared for the IPT (insurance premium tax) increase next month.

If you have a policy which has a start or renewal date on or after 1st June 2017 there will be an increase to 12%.

The last increase was on October 1st 2016 where the rate was raised to 10%.

This means the IPT rate will have doubled after the July 2015 Summer Budget which had a 6% rate.

Need Help with IPT? contact us here

StapLine

Large enough to manage
small enough to care.

ARMA

We are proud to be
members of ARMA & RICS



Contact Banner

Contact us about your Property Management Needs