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Do I pay tax on pet insurance policies?
25206General insurance products are taxed by the government. The tax is known as Insurance Premium Tax and pet insurance is taxed at the standard rate of 12% as of June 2017.
You don’t have to pay VAT on insurance.
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Most asked
Pet insurance can be confusing.
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Most asked
What animals do you insure? What policies for dogs and cats? What policies for horses and riders? Which policy is right for me? Will you cover older pets? Cover for prior illness or injury? Exclusions applied to new policies? Do I pay tax on pet insurance? How do you calculate premiums? How do I get a quote? Is dental treatment covered? Is there a multi-pet cover? What breeds are excluded? My pet has passed away, how do I cancel my policy? Do I need to inform you if my pet is pregnant or I’m looking to breed from my pet? At what age can I insure my puppy or kitten?
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