Call for IPT to be reduced to 10%
Four largest health insurers call for no more increases to Insurance Premium Tax ahead of next week's budget
Patients driven away from private healthcare cost National Health Service 'more than £1bn a decade'
Xerox HR Services' Simon Crewe says the increase to Insurance Premium Tax (IPT) can instead be viewed as an opportunity for clients to future proof their healthcare benefits.
Chancellor George Osborne has announced that insurance premium tax (IPT) will increase by 0.5% to a rate of 10%.