Tag Archives: IPT

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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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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