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Vat Increase

Thursday, 22 March 2018 15:40
vat 2 390x285

The Minster of Finance delivered the Budget Speech in
Parliament on 21 February 2018.

It was announced that the new VAT rate would increase
from 14% to 15%, your Short Term Insurance Policy is
subject to VAT and therefore the increase in VAT will
result in price/premium adjustments effective 1 April 2018.