Tag Archives: Insurance Premium Tax

Insurance Premium Tax Unchanged Following Budget

Following this week’s Autumn Budget, presented by the Chancellor of the Exchequer, motorists will no doubt be pleased to have heard that there has not been a further increase in the Insurance Premium Tax (IPT). The insurance industry is no … Continue reading

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Motor Insurance Premiums Forecast To Rise

It is being forecast by ERS that specialize in proving motor insurance policies that the cost of insuring your vehicle is going to increase significantly by the beginning of next year. That prediction will give concern to many motorists. If … Continue reading

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What Happened To The Cost Of Your Cover Last Year?

According to the Association of British Insurers (ABI) the average cost of insuring a car increased substantially in 2016. That is something motorists would have preferred not to have happened. Last year, the average cost of fully comprehensive motor insurance … Continue reading

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Motorists Faced With Another Increase In IPT

Unfortunately, motorists are going to witness another increase in their car insurance premiums next year due to yet another rise in the amount of Insurance Premium Tax (IPT) that will have to be paid. The Chancellor announced the increase in … Continue reading

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Insurance Premium Tax To Rise Again

It was only last November that Insurance Premium Tax (IPT) was increased from 6% to 9.5% resulting in motorists having to pay more for their car insurance. Therefore, it was disappointing to hear that in last week’s Budget the Chancellor … Continue reading

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Don’t Forget About The Insurance Premium Tax Increase

In the last budget, the Chancellor of the Exchequer announced that there was to be an increase in the standard rate of insurance premium tax and, if you were not aware, this applies to car insurance premiums as well as … Continue reading

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