‘Common sense prevailed’ as group life schemes avoid IHT liability
The group risk industry has warmly welcomed confirmation that death in service benefits will not be brought under the scope ...
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Tag: HMRC
Grid writes to chancellor urgently pursuing HMRC clarity on group life IHT changes
Group Risk Development (Grid) has written to chancellor Rachel Reeves urgently requesting guidance on how proposed inheritance tax changes will ...
Read moreStaff health and wellbeing is joint top reason for employers offering benefits in kind – HMRC
Improving staff health and wellbeing is one of the two most important reasons for businesses to offer benefits in kind ...
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IPT take hits record £7.6bn while IHT rises to £7bn
HM Revenue & Customs' Insurance Premium Tax take stood at £853m in January 2025, bringing the 10-month total for the ...
Read moreIPT on track to surpass Tobacco Tax revenue for first time
Insurance Premium Tax (IPT) receipts reached £6.65bn for the first eight months of 2024-25, taking it ahead of receipts from ...
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 ...
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ACA warns of negative consequences if LTA abolition not finalised by October
The Association of Consulting Actuaries (ACA) has responded to the His Majesty’s Revenue and Customs (HMRC) consultation on Abolishing the ...
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The UK Health & Protection Awards 2025 supplement – the winners
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PMI-funded hospital admissions down in Q2 2025 – PHIN
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Preventative health services have real benefits but need further work – analysis
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