Comment from Brett Hill, Managing Director of The Health Insurance Group on Autumn Statement November 2016

Brett Hill, Managing Director of The Health Insurance Group comments, “Today’s increase in Insurance Premium Tax (IPT) from 10% to 12% on 1st June 2017 will mean that IPT will have doubled in less than two years.“The Government may believe that increasing IPT is a ‘soft’ option, as customers with general insurance products such as car insurance and home insurance can go to an online price comparison site and shop around for a cheaper renewal quote that might offset the effect of the tax rise.

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As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi


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Spotlight

As digital transformation strategies take hold and organizations embrace a philosophy of data-driven decision-making, many functions that have traditionally communicated little with each other are coming together around a shared need for current and relevant information. In this environment, IT and tax departments have a signifi

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