Tag: Insurance Premium Tax
Harmans Costs Brief – June 2017
In this issue we look at an important case from the Court of Appeal where refusal to mediate was not a bar to the recovery of…
Reminder: The new standard rate of IPT is now 12% but…
The new standard rate of IPT is due from 1 June 2017 on insurance premiums received on or after that date which relate to risks…
Insurance premium tax rate rise: what you can do
The standard rate of insurance premium tax jumps to 9.5% on 1 November, potentially leaving solicitors having to pay an additional 3.5% over and above a calculated premium.…
Harmans Costs Brief – October 2015
October is shaping up to be a busy month at Harmans – we’re looking forward to the Law Society Excellence Awards in London this Thursday and keeping…
Matthew Harman discusses the increase in Insurance Premium Tax (IPT)
From 1 November 2015, the standard rate of IPT will be increased by 3.5 percentage points to 9.5%. From this date all premiums received by…