Insurance Premium Tax (IPT) changes 2018

Here is what you need to know about Insurance Premium Tax (IPT) changes What is it? Although VAT is the most common form of tax, it’s not applicable on insurance — that’s where IPT comes in… There are two rates of IPT: A standard rate (currently 9.5%) which is applied to pet, motor, mobile, contents, buildings and private medical insurance … Read More

National Minimum Wage Changes

little man with watering can

There are some legislative changes taking effect from 1st October 2016 affecting the National Minimum Wage. Here are all the basics to bring you up to speed.