Mass Spectrometry. 1. In order to measure the characteristics of individual molecules, a mass spectrometer converts them to ions so that they can be moved about and manipulated by external electric and magnetic fields. The three essential functions of a mass spectrometer, and the associated components, are:
As the tax is set at a fixed amount, insurance companies will be forced to pass the tax on to consumers in the form of higher premiums. This paper estimates the impact of this tax on individuals or, the share of the tax that will be (implicitly) paid by the average insured individual affected by it.
Insurance premium tax (IPT) is a levy on certain types of insurance. A lower rate applies to premiums for general insurance where the risk is located in the UK, but IPT does not apply to life assurance and pension business, to general insurance for certain types of transport and trade, or to reinsurance.nsurance premium tax (IPT) is a levy on certain types of insurance. A lower rate applies to premiums for general insurance where the risk is located in the UK, but IPT does not apply to life assurance and pension business, to general insurance for certain types of transport and trade, or to reinsurance.