HMRC flags potential code of conduct for brokers in IPT consultation update

Houses of Parliament

HM Revenue & Customs (HMRC) has stated that its consultation on Insurance Premium Tax (IPT) received 14 responses, including four from trade bodies and ten from businesses.

The consultation – Insurance Premium Tax: administration and unfair outcomes – ran between 5 November 2020 and 5 February 2021 and HMRC published a summary of responses and outlined its next steps yesterday (30 November).

Code of conduct
The government explained that responses were broadly in favour of the UK broking

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected].

You are currently unable to copy this content. Please contact [email protected] to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Insurance Age? View our subscription options

If you already have an account, please sign in here.

You need to sign in to use this feature. If you don’t have an Insurance Age account, please register now.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: