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VAT needed not IPT!!

If you are doing an Engineering Inspection or something else that requires VAT rather than Insurance Premium Tax here's how ...

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Written by Annelli Bradbury
Updated over a month ago

If you are working on a policy and have to use Value Added Tax rather than Insurance Premium Tax then he is how to do it!!

When you get to the Marketplace section of the quote (number 5)

Go to the quote you wish to amend and click into the Edit quote screen

You will then see the whole quote including reference, submission method and go to the lower box which has the Total Premium, IPT Standard Rate, Insurer/Underwriting Fee and the like.

Here you can change there and carry on with your quote!

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