Insurance premium tax (IPT)
Emergency Budget 2010: IPT to rise
Chancellor George Osborne has announced that insurance premium tax (IPT) will rise from 5% to 6% while the higher rate of 17.5% will increase to 20%.
Emergency Budget 2010: Corporation tax to be cut, IPT to increase, VAT to rise to 20%
The Chancellor George Osborne has today given his Emergency Budget.