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 ...
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Tag: OAC
Insurance 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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Broadstone-owned OAC joins Managing General Agents’ Association
Broadstone-owned actuarial and compliance consultancy OAC has joined the Managing General Agents' Association (MGAA). Launched in 2011, members of the MGAA members collectively ...
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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