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tax

uncategorised

Total insurer IPT bill close to £30bn

Insurers handed over £2.4bn in insurance premium tax in the year 2010/11, a rise of more than 6% on the previous year (£2.253bn), government figures reveal.

clock 20 December 2011 • 1 min read

Group PMI

Simplyhealth produces tax support for company healthcare benefits

Simplyhealth has produced guidance for employers about the tax implications of providing health benefits to staff.

clock 13 December 2011 • 1 min read

Individual Protection

Insurance tax relief cut will hit 1.5 million - ABI

The ABI has railed against government plans to scrap life assurance tax relief which could hit as many as 1.5 million policyholders.

clock 07 December 2011 • 1 min read

uncategorised

'Substantial amount of work' to complete new protection tax regime - HMRC

HMRC will stage a series of open meetings to discuss the ‘substantial amount of work' remaining on the reclassifying protection business for providers under a new tax regime.

clock 28 March 2011 • 1 min read

Whole of Life

Budget 2011: Life Assurance Premium Relief to be abolished

The government has announced plans to abolish life assurance premium relief (LAPR) in the budget.

clock 23 March 2011 • 1 min read

Term Assurance

Four in five companies potentially exposed to 'crippling uninsured' group life liabilities - Grid

Grid has added its voice to the warning that many businesses are not prepared for the upcoming ‘A-day' deadline for group life schemes.

clock 18 February 2011 • 2 min read

Whole of Life

Friends Prov unveils online IHT seminar

Friends Provident International has launched an online seminar looking at Inheritance Tax (IHT).

clock 01 February 2011 • 1 min read

Cashplans

Westfield Health to absord IPT rise

Westfield Health will absorb January's 1% insurance premium tax (IPT) rise instead of passing it on to policyholders.

clock 31 August 2010 • 1 min read

Individual Protection

Budget 2010: IPT to rise

Chancellor George Osbourne has announced insurance premium tax (IPT) will rise.

clock 22 June 2010 • 1 min read

Group Protection

Trusts key way to avoid IPT hike - Mercer

Speculation is mounting that Insurance Premium Tax (IPT) will be increased in next week's Emergency Budget, with expectations that it could double to 10%.

clock 17 June 2010 • 1 min read
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