The Government is being urged to freeze Insurance Premium Tax (IPT) at the forthcoming Budget, after HMRC figures revealed that taxpayers are now paying record amounts of the tax. Official tax receipts for August show IPT […]
Ahead of the Budget, specialist insurer Ecclesiastical has joined forces with Charity Finance Group (CFG) to urge the Chancellor to make charities exempt from paying Insurance Premium Tax (IPT). Ecclesiastical – insurer of more than 45,000 […]
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 […]
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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