News

Insurance Premium Tax

The Government has announced that it would be increasing the standard rate of Insurance Premium Tax (IPT) from 10% to 12% with effect from the 1st of June 2017 for all new business and renewals.

Please take this into consideration when carrying out your renewal review and calculating budgets for the forthcoming year.

New Business and Renewals:

All new business and renewals with a term start date on or after the 1st of June 2017 will be charged at 12% Insurance Premium Tax.

Mid Term Adjustments on policies incepted or renewed before the 1st of June 2017:

Additional premiums processed up to and including the 31st of May 2018 will be subject to the 10% Insurance Premium Tax.

If you require and further information please do not hesitate to contact your Regional Account Manager or call us on 0141 242 4861.

More News

Golf Management Group

Circle Golf are proud partners and recommended insurance providers of The Golf Management Group.

Guidance on how to avoid golf buggy and battery thefts.

There appears to be a significant rise in the number of thefts of golf buggies and/or their batteries from Golf Clubs across the UK.

Dorking Golf Club - £5,000 Hole in One Prizewinner

Dorking Golf Club held an 18 Hole Stableford Competition, for members and guests, on Saturday the 19th of August 2017. This included a main cash prize of £5,000 for a Hole in One on the 6th hole, measuring 165 yards.

Insurance Premium Tax

The Government has announced that it would be increasing the standard rate of Insurance Premium Tax (IPT) from 10% to 12% with effect from the 1st of June 2017 for all new business and renewals.

Notice to Policyholders - Water Meters

As a reminder to our policyholders, due to winter approaching we would like to draw your attention to the necessity of keeping weekly written records of meter readings from your supply authority.

Another lucky Hole in One Prizewinner.

Congratulations to the lucky member of Renfrew Golf Club, who in achieving a Hole in One at the club's nominated hole, recently walked away with a fantastic golf package at The Forest of Arden Hotel & Country Club.