The ABI is urging the Government to cut the rate of Insurance Premium Tax (IPT) in the forthcoming March Budget. The ABI made the same call last year but the government failed to listen, so […]
Insurance Premium Tax (IPT) is a penalty for doing the responsible thing, let’s be blunt about it. Those who dodge car insurance often end up with a fine that is one quarter of the cost […]
Here’s a round up of the reactions from the insurance and finance sectors to the Chancellor’s Budget Statement earlier today; There’s £400 million for electric car research and a more substantial £2.5 billion for tech […]
The Association of British Insurers is launching a new video campaign urging Chancellor Philip Hammond to end repeated increases in Insurance Premium Tax (IPT) when he presents his Budget on November 22nd. The standard rate […]
IPT BRINGS IN £4.8 BILLION A YEAR The London Times reports that Insurance Premium Tax is rising faster than the duty on tobacco in the UK. Since its introduction IPT has grown to the point […]
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