The Association of Medical Insurers and Intermediaries (AMII)'s petition against Insurance Premium Tax has gone live.
The association announced the launch of a petition against rises in IPT at its recent AGM. IPT is now at 12%, one of the highest rates in Europe, on general insurance including private medical insurance premiums. Stuart Scullion, chairman of AMII, urged: "If we do not stand up and make our voice heard, there is a worry that the government will continue to increase IPT, and this could have a potentially catastrophic impact on industry. "I'm concerned that if we don't speak up now, IPT...
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