P Pexus1976 Registered User Messages 189 30 May 2009 #1 Hello, This may be a stupid question: When I buy an insurance product (car, house) I understand their is a 3% gov levy. Does this levy apply to the total gross premium price, or does it apply to a proportionate amount of the total gross premiun price?
Hello, This may be a stupid question: When I buy an insurance product (car, house) I understand their is a 3% gov levy. Does this levy apply to the total gross premium price, or does it apply to a proportionate amount of the total gross premiun price?
L LDFerguson Registered User Messages 4,823 30 May 2009 #2 It applies to the total premium, so if, for example, your car insurance renewal is €309.00 you can take it that the premium itself is €300 and the levy is €9.
It applies to the total premium, so if, for example, your car insurance renewal is €309.00 you can take it that the premium itself is €300 and the levy is €9.
P Pexus1976 Registered User Messages 189 31 May 2009 #3 Thanks LD, I've been trying to located a link or calculation on the internet, official site (i.e. revenue) but cant locate this. Any suggestions
Thanks LD, I've been trying to located a link or calculation on the internet, official site (i.e. revenue) but cant locate this. Any suggestions