Insurance Premium tax

Spring Budget 2020

Around 400,000 companies

Four-year ‘stealth tax raid’

P11D exemption

‘We must level the playing field’

Four largest health insurers call for no more increases to Insurance Premium Tax ahead of next week's budget

Patients driven away from private healthcare cost National Health Service 'more than £1bn a decade' 

Xerox HR Services' Simon Crewe says the increase to Insurance Premium Tax (IPT) can instead be viewed as an opportunity for clients to future proof their healthcare benefits.

Chancellor George Osborne has announced that insurance premium tax (IPT) will increase by 0.5% to a rate of 10%.

Medicash has hit back at chancellor George Osborne's claim that the hike in insurance premium tax (IPT) on private medical insurance brings the UK into line with Europe.