Insurance Premium Tax being increased again

This was posted by on July 14th, 2016

As you may or may not be aware the government increased insurance premium tax from 6% to 9.5% from the 1st November 2015.

Mr Osborne has now increased this stealth tax to 10% from the 1st October 2016. His argument, they pay 20% insurance premium tax on the continent

Sorry that is not an argument, I quite often ask my children if Bill jump of a cliff would you follow?

What more can I say

https://www.gov.uk/government/publications/changes-to-insurance-premium-tax-increase-to-standard-rate/changes-to-insurance-premium-tax-increase-to-standard-rate

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