»Ê¹ÚÌåÓýapp

Changes in tax rate

See IPT07800 for the arrangements in place to deal with a change in the tax rate.Intermediaries involved in higher rate contracts

From 1 May 1997 certain intermediaries known as ‘taxable intermediaries� providing services relating to higher rate contracts may be required to be registered for IPT. See IPT06800for details.Recording higher rate IPT on the IPT return

»Ê¹ÚÌåÓýappre are separate boxes on the IPT return which relate to the selective higher rate of IPT. Insurers must separately identify their higher rate and standard rate tax liability.