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 […]
IE COMMENT; It’s very telling that no mainstream political party is promising to do anything about Insurance Premium Tax. If anyone suggested that buying a battery car or bicycle should attract an extra tax there […]
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 […]
Despite pleas from the industry, the govrnment ignored calls to reduce, or abolish the IPT tax in this year’s Budget. A tax on the law abiding to pay for the damage caused by the lawless […]
The latest from the FCA and it’s worth noting this decision and fine is provisional, pending an appeal process; Nailesh Teraiya has referred his Decision Notice to the Upper Tribunal. Any findings in the Decision […]
It’s a positive vibe from the AA after the Budget Statement yesterday in Parliament; The AA welcomes the Chancellor’s decision not to increase fuel duty for a further 12 months, even if the benefit has […]
The latest from the ABI, who want the rate of IPT taxation reduced. This tax on doing the right thing should never have been introduced in the first place says IE. BTW Rishi Sunak paid […]
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