Vat IncreaseThursday, 22 March 2018 15:40
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.