Introduction Personal Taxation Employee Taxation Investment Reliefs
Capital Gains Tax Trusts National Insurance Contributions Tax Credits
Inheritance Tax Business Tax Corporation Tax Value Added Tax
Stamp Duty Insurance Premium Tax    
 
Insurance Premium Tax


Insurance premium tax (IPT) is charged on insurance premiums at 5% (general insurance) or 17.5% (travel insurance and warranties sold with cars and certain household goods). It is generally collected by the insurer as part of the premium.

Some long-term insurance products are exempt from IPT, such as term life insurance, endowments and pensions.


> Home > Our Services > Contact Us > News > Advice > Useful Links > Budget 2007 > Site Map