Insurance Premium tax

IPT hits £4.5bn in record half year

Group PMI

IPT hits £4.5bn in record half year

Figure up to £4.5bn

clock 22 October 2024 • 2 min read
94% of insurance counselling appointments accessed by employees: ABI

Group Protection

94% of insurance counselling appointments accessed by employees: ABI

More customers are using health services through protection

clock 07 May 2024 • 4 min read
IPT up 11% year on year

Regulation

IPT up 11% year on year

£8.1bn collected in 23/24

clock 23 April 2024 • 1 min read
Insurance Premium Tax hits record £1.5 billion in February

PMI

Insurance Premium Tax hits record £1.5 billion in February

Reflects growing tax burden on households

clock 21 March 2024 • 1 min read
Tax is a hidden barrier to greater access to private healthcare: ABI 2024

Group Protection

Tax is a hidden barrier to greater access to private healthcare: ABI 2024

"Corporate Britain of all shapes and sizes are going have to step up"

clock 28 February 2024 • 4 min read
Claims increase 15% for workplace health policies: ABI

Group Protection

Claims increase 15% for workplace health policies: ABI

One million claims made in 2022

clock 01 November 2023 • 2 min read
Treasury collects £7.3bn in Insurance Premium Tax receipts

Regulation

Treasury collects £7.3bn in Insurance Premium Tax receipts

Insurance Premium Tax receipts rise by over a quarter in the past year

clock 06 September 2023 • 1 min read
ABI calls for Government to cut IPT on health insurance

PMI

ABI calls for Government to cut IPT on health insurance

Ahead of Spring Budget

clock 09 March 2023 • 1 min read
ABI calls for IPT freeze in November Budget

Insurer

ABI calls for IPT freeze in November Budget

To help with cost of living crisis

clock 15 November 2022 • 1 min read
BIBA manifesto narrows in on support for vulnerable consumers

Individual Protection

BIBA manifesto narrows in on support for vulnerable consumers

Call for IPT to be reduced to 10%

clock 26 January 2022 • 1 min read
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