Is IPT a tax I can claim?
Tax NewsIPT is an abbreviation for Insurance Premium Tax and is charged by insurers in addition to your insurance policy. The rate charged can be 12% or 20% depending on the type of insurance you are buying.
IPT is an abbreviation for Insurance Premium Tax and is charged by insurers in addition to your insurance policy. The rate charged can be 12% or 20% depending on the type of insurance you are buying.