by Admin | May 19, 2017 | Industry News, Latest News
On June 1st there will be a rise in the IPT rate to 12%. This is following a previous rise to the IPT rate last year in October from 9.5% to 10%. Over the last 18 months it has risen 3 times. However, the increased IPT rate is still one of the lowest throughout...
by Admin | May 12, 2017 | Industry News, Latest News
April saw a decrease in new car sales as they dropped by 20% There was a decrease in new car sales by 19.8% and it is said to be because of the new tax changes that were brought in at the end of March this year. Many customers rushed to purchase their cars before this...
by Admin | Apr 27, 2017 | Industry News, Latest News
Earlier this month, on 1st April, new insurance renewal rules were introduced to improve the way that brokers handle renewal policies with their customers. The FCA brought out changes to ‘increase transparency and engagement at renewal in general insurance markets’....
by Admin | Apr 24, 2017 | Industry News, Latest News
Today new speeding penalties have been brought in in a fight to make the roads across the UAE safer. Many new laws are being enforced this year. On 1st March we saw changes to motoring laws about using mobile phones at the wheel. The penalty was doubled to a (USD $)200 fine...
by Admin | Mar 2, 2017 | Industry News, Latest News
There has been a lot of recent news about the increase of the Ogden discount rate brought in by the government on the 27th February. It has the insurance market in uproar, with the decision by Lizz Truss being called ‘crazy’. Many insurers have released just exactly...
by Admin | Feb 23, 2017 | Industry News, Latest News
Over the course of 2017, the world of motoring is changing with stricter rules and regulations being brought in. These changes will affect the way we drive and could cost motorists a lot of money. Read on to find out all you need to know about the new laws: Penalties...
