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Thursday, 6 January 2011

VAT rise 'could deter travellers from taking out insurance'

British travellers relocating overseas could be put off from taking out international health insurance because of the rise in VAT, according to P J Hayman & Company.

Peter Hayman, director of the travel advice organisation, commented that from today (Tuesday, January 4th), the UK government will be putting the higher rate of 20 per cent VAT into effect.

"There is a danger that this increase ...

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