News
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Insurance Premium Tax (IPT) set to increase to 12%
The HM Treasury reported in the Autumn Statement 2016 that the standard rate of Insurance Premium Tax (IPT), the tax on general insurance, will increase from 10 per cent to 12 per cent with effect from 1st June 2017.
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The Ogden discount rate has been reduced
Until recently hardly anyone knew of the Ogden discount rate but with effect from 20th March 2017, the Ogden discount rate was reduced from 2.5% to -0.75%
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Frightfully Fun Friday at MPW
MPW staff adopted a rather unusual (and somewhat spooky!) dress down Friday on the 28th October in support of Leukaemia Care UK, a charity close to their hearts.
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The Insurance Act 2015 – important changes for policyholders
As a result of a recent act of parliament, the Insurance Act 2015 (the “Act”), significant changes have been made to the law in relation to commercial insurance.
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