Not just a great old song by Janet Jackson from the 80s, but a question worth asking by the insurance sector to the Chancellor. IPT is at 12%, there are no significant NI contributions tax […]
HMRC has issued some new rules recently, aimed at insurance companies who are disposing of a co-owned contractual scheme. IE htought you might want to know more; This measure makes sure that a life insurance […]
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 […]
Some thoughts from GRiD on employee benefits and how businesses in the UK will be looking at the value later in 2025; Employee benefits will come under increased scrutiny in 2025 as the cumulative effect […]
Whilst Keir Starmer sips free drinks in his VIP box at Arsenal FC he can find comfort in the fact that millions of people are paying a punishment tax for doing the right thing and […]
The spin machine in Downing Street has been putting out MSM briefings on raising taxes and “black holes” for a few months now. The general mood music is that Capital Gains Tax will rise substantially […]
The latest HMRC data for the latest 12 months of provisional Insurance Premium Tax (IPT) receipts and liabilities data shows that total IPT receipts for the last complete financial year 2023 – 2024 were £8,146 […]
Over 8 billion sterling in IPT tax, but are consumers getting much in return? The insurance industry often has to financially support vehicle theft and uninsured driver investigations by the Police. Then there’s organised “chop […]
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