Budget 2018: Scullion 'relieved' following IPT freeze

Adam Saville
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 Stuart Scullion, chairman of AMII
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Stuart Scullion, chairman of AMII

AMII chairman calls for government to next 'commit to making health insurance exempt' from insurance premium tax

Chancellor Philip Hammond today announced that insurance premium tax (IPT) rates are to remain at the current level of 12%. The decision has come following an open letter from four major private medical insurance (PMI) providers calling for the freeze, supported by Association of Medical Insurers and Intermediaries (AMII) executive chairman, Stuart Scullion. The AMII chairman would next like to see an IPT exemption for health insurance entirely. "While we are relieved that Philip Ham...

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