News

Insurance Premium Tax Continues to Be a Nice Earner For HM Govt

As premiums rise the tax take rises too, which is good news for Rachel Reeves; This morning’s HMRC tax receipts update shows that Insurance Premium Tax (IPT) receipts recorded a total of £1.03 billion in July […]

Insurance Brokers

UK Govt Keeps Raking it In On IHT

Yep Inheritance tax receipts keep going up as more people hit the threshold. Here’s the latest analysis; HM Revenue and Customs (HMRC) has released its monthly figures which show that inheritance tax receipts hit £6.3 […]

Insurance Brokers

IHT Receipts Hit £7.5 Billion, HSBC Says Tax Planning is Essential

One for the HNW brokers; Recent HMRC data shows that total IHT (inheritance tax) receipts for April 2023 to March 2024 climbed to £7.5 billion – £0.4bn higher than the same period last year. Government […]

Global insurance trends

Lombard Launches High Net Worth Life Plan & Assets Management Product

Lombard International Assurance, a global leader in wealth planning solutions for high net worth individuals and institutions, has announced the launch of the International Life Plan. This sophisticated protection solution offers High Net Worth Individuals […]