UK businesses are facing the prospect of a further rise in costs, thanks to a jump in Insurance Premium Tax (IPT) which takes effect from 1 June.
This IFM Select looks at the impact on property managers of the latest IPT rise and considers what blocks may be able to do to keep their insurance premiums at affordable levels while still ensuring they have adequate cover.
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This content was originally published on irpm.org.uk which is now a
part of The Property Institute.