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Health Insurance Daily - Group IP and life cover tax changes ‘will create a business burden’

Tax charges small but complex, says GRiD

The new tax charges levied on group income protection (GIP) and excepted group life insurance (EGLP) offered via salary sacrifice will add a further burden on businesses which might otherwise have allowed employees to build on a basic level of employer-provided cover, Group Risk Development (GRiD) has said.

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