Biba warning for businesses on VAT reduction
In response to the government's recent Pre-Budget Report, the British Insurance Brokers' Association (Biba) has called on members to advise clients that now is not the time to cut back on insurance.
The organisation has warned that companies need to stay focused on the short-term nature of many of the government's planned provisions and, in particular, should not try to save on insurance costs by revaluing their business risks to reflect the 1 December reduction in Value Added Tax (VAT) from 17.5
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 print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Regulation
Videos/Podcasts
Insurance Covid-Cast: How has staff productivity been impacted by remote working?
For the 35th episode of Post and Insurance Age’s video series we gathered together a panel of senior insurance managers to discuss how productive staff have been since Covid-19 lockdown, and whether it has changed as restrictions have eased?
Subscribe to our daily newsletter for all the latest news
Most read
- Brightside sold to Markerstudy seven years after collapse of initial deal
- Third deal in a week for Aston Lark
- PIB buys Staffordshire broker in second deal of 2021
- Aviva’s Covid-19 BI claims exposure down to broker wordings
- Aviva's UK operating profit falls in 2020
- Intact commits to Scott Egan as RSA CEO
- SRG adds MGA CLS Risk Solutions to stable