The Blog Spot: Why #20Now for IPT might not be the only broker issue of the Budget
So, is it time to dust off last year’s campaign for \#20Now on IPT?
For anyone who missed it, understandably as the campaign never really got going …, the very shortened version of the theory is as follows.
The government needs more money.
When IPT was invented in 1994 the rate was 2.5%.
It has risen repeatedly, particularly in recent years, to 12%.
Money
The government needs more money, oh sorry I have said that already?
Raising IPT works. Some taxes don’t deliver what is expected. IPT
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 Insurer
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
- Go Compare owner sold for almost £600m
- Aston Lark launches joint MGA venture
- Brokers to bear brunt of £51m additional FSCS levy
- Blog: Coping with a hard market
- Aviva grows UKGI commercial lines premium by 10%
- Partners& teams up with CFC and CPP to launch new cyber offering
- Private equity picks up the AA for £219m