London, 28 March 2017 - FiscalReps, global indirect tax specialists, is hosting a breakfast seminar in London on 26 April to help insurers prepare for the imminent rise in UK IPT.

The standard rate of UK IPT is set to increase from 10% to 12% on 01 June 2017 as previously announced in the Autumn Statement.  Three successive hikes in IPT have taken the rate levied on insurance products from 6% in November 2015 to 12% in 18 months.

The seminar will be hosted by FiscalReps’ CEO Mike Stalley who said:  “We feel a duty to ensure that our clients have all the information they need to manage and implement this rate change effectively.  We’ll be reviewing the changes that insurers with an exposure to UK IPT need to be aware of and advising them of any information we feel they should be discussing with their brokers and underwriters.”

The seminar is free to attend and is being held at The Double Tree by Hilton, Tower of London, 7 Pepys Street EC3N 4AF.  The event starts at 8.30am with breakfast and will finish at 10.30am.

For further information and to reserve a place please email christine.axe@fiscalreps.com or telephone +44 (0)20 7036 8070.

Media enquiries:

For further information please contact:

Lisa Sandells, FiscalReps

T:  020 7036 8070

E:  lisa.sandells@fiscalreps.com