IPT change from 1st June 2017
Dear Supporting Broker,
With effect from 1st June 2017, the standard rate of Insurance Premium Tax (IPT) is increasing to 12%.
The PJH policies affected are:
Quotations and policies issued from this date will attract the 12% IPT rate.
The above change only applies to the standard IPT rate; the rate applicable to Travel products remains unaffected by this change.
We are here to help
If you have any questions regarding the above, or if you need any assistance with your client’s travel insurance requirements, please contact the Broker Development Team on 02392 419 050 or email email@example.com – we’ll be delighted to help.
Thank you for your continued support.