News Formal

Chancellor is urged to slash the £7BILLION stealth tax on insurance policies from industry's trade...

  • 📰 DailyMailUK
  • ⏱ Reading Time:
  • 12 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 90%

Business News News

Business Business Latest News,Business Business Headlines

Chancellor Jeremy Hunt is facing calls to cut the tax levied on insurance premiums by The Association of British Insurers as insurance premium tax (IPT) receipts hit record levels.

Association of British Insurers has asked Jeremy Hunt to slash stealth tax. Insurance premium tax receipts hit record levels due to soaring cost of cover. Cut in next month's Autumn statement would help businesses cope better.

Association of British Insurers has asked Jeremy Hunt to slash stealth tax. Insurance premium tax receipts hit record levels due to soaring cost of cover. Cut in next month's Autumn statement would help businesses cope better
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in BUSİNESS

Business Business Latest News, Business Business Headlines