UK Chancellor of the Exchequer Philip Hammond has ignored insurers' calls to rethink a pending insurance premium tax (IPT) rise and laid down measures to ensure carriers can't bypass the higher rate by paying the levy early.
UK Chancellor of the Exchequer Philip Hammond has ignored insurers' calls to rethink a pending insurance premium tax (IPT) rise and laid down measures to ensure carriers can't bypass the higher rate by paying the levy early.