Budget 2020: IPT stays the same as government bolsters flood defence spending

Rishi Sunak

Insurance Premium Tax has remained at 12% in today’s Chancellor’s budget, as the government pledged to boost spending on flood defences.

Chancellor Rishi Sunak, pictured, delivered a budget under the shadow of the Covid-19 coronavirus, which has seen 456 people test positive for the virus in the UK as of this morning, while six people

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