Insurance Premium Tax. A tax charged by the government, worked out as a percentage of your insurance premiums.
Insurance Premium Tax. A government tax that is charged as a percentage of insurance premiums.
Tax payable on all general insurance in the UK. (Insurance Premium Tax)
Insurance premium tax. A tax on all UK general insurance. This is currently charged at 4% of the premium when you buy it from an insurance company or an insurance broker (but the Government can change this rate).
This stands for Insurance Premium Tax, and is a tax payable on all UK general Insurance policies. The rate is currently 5% but is subject to government change.
Insurance Premium Tax. This is a tax which is payable on insurance policies taken out or renewed since 1/10/94. The current rate of IPT is 5%. Most premiums include ipt within the quotes but watch out for the term “plus ipt”. Also note that travel policies have a rate of ipt of 17.5% for individuals although businesses only pay the standard rate of 5%. Also, ipt cannot be reclaimed from the Inland Revenue in the same way as VAT can.
Insurance Premium Tax. A 5% UK tax imposed on car insurance premiums. Exempt areas are: Isle of Man, Jersey and Guernsey.
Insurance Premium Tax. This is a Government tax charged as a percentage of insurance premiums.