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Insurance Premium Tax set to increase again
[21/04/2017]The latest Government increase in Insurance Premium Tax (IPT) sees the rate rise from 10% to 12% from 1 June 2017. The price of our policies will be adjusted to reflect the new rate.
However, we’re pleased to tell you that the premium for any quotes you’ve already received will remain the same, provided they are still valid (quotes remain valid for 90 days).
If you have any questions about what the IPT increase means for your quotes, call 01603 617617 or email enquiries@cli.co.uk.