IPT receipts soar with more than £1.4bn collected in May
More than £1.4bn was collected in Insurance Premium Tax (IPT) in May as receipts continued their long-term rise. A ...
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Tag: Cara Spinks
Insurance Premium Tax raises £6.5bn for Treasury
Insurance Premium Tax (IPT) raised £6.5bn for the Treasury between April 2023 and January 2024 compared to £5.9bn in the ...
Read moreInsurance Premium Tax revenue hits record high and PMI demand soars
Rising costs and growing demand for health insurance products have created a significant uptick in UK Treasury revenue, according to ...
Read moreIPT collections up £100m in first two months of tax year
The Insurance Premium Tax (IPT) collected by HM Treasury increased by around £100m to £1.8bn for the first two months ...
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