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Help about: Insurance Premium Tax (IPT) Exempt
Insurance Premium Tax (IPT) is a tax on general insurance premiums. If the business address associated with your policy is in the Channel Islands or Isle of Man, and/or at least some of the employees are working there you may be exempt from IPT. Before any exemption is applied, we need confirmation that some or all the employees covered by this policy are working in the Channel Islands or Isle of Man.