Treasury haul from Insurance Premium Tax up 11%
UK PLC looks set to register yet another record annual Insurance Premium Tax haul as actuarial consultancy OAC reveals receipts for first eight months of 2023 are up 11% increase on the same period last year.
Insurance premium tax has collected a total of £6.03bn through the first two-thirds of the 2023 to 2024 financial year, up 11% on the £5.45bn raised through the same period last year.
Consulting firm
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