PMI sales could suffer after hike in IPT

The PMI industry was dealt another blow in this year’s Autumn Statement after chancellor Phillip Hammond announced that insurance premium tax (IPT) would increase to 12% from June 2017. This is the third increase made to IPT in less than two years and could have serious ramifications for a sector already faced with stagnating demand….

Membership Required

You must be a HM Subscriber to view this content.

Subscribe Now »

Already have an account?