Association of British Insurers calls on chancellor to cut tax on insurance policies.
BANKING AND CREDIT NEWS-October 16, 2023--Association of British Insurers calls on chancellor to cut tax on insurance policies
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Global Banking News - 16 October 2023
The Association of British Insurers (ABI), the UK insurance industry's trade body, has called on chancellor Jeremy Hunt to cut taxes levied on insurance premiums.
The plea comes as Insurance Premium Tax (IPT) receipts hit record levels.
The ABI claimed that a cut would help both...
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