Sentences with phrase «low small claims limit»

«The combination of the low small claims limit and QOCS means that the insurance industry has generally seen a surge in spurious claims.

Not exact matches

The Chartered Institute of Taxation (CIOT) has expressed disappointment at today's announcement that Disincorporation Relief will not be extended beyond its current March 2018 expiry date.1 The relief was created to address the problems faced by some small businesses that have chosen to be a limited company in the past and want to return to a simpler legal form, be it a sole trader or a partnership or a limited liability partnership.2 While there has been a very low take up of Disincorporation Relief since it was introduced in 2013 (fewer than 50 claims had been made as of March 2016) the CIOT has suggested3 that the relief might be more popular if it was broader.4 John Cullinane, CIOT Tax Policy Director, said: «It's a shame the Government are letting this relief lapse.

Finally, I see a lot of lower value claims that involve technical issues now being referred to the small claims court, where both costs and time are limited.

However, if you are confident that you can avert such third - party - claim - situations, or that you can manage paying smaller damages out - of - pocket, you could request your third - party coverage limit to be lowered - this will fetch you a discount on the premium you need to pay towards third party cover.