Analysis

Briefing: Public pressure could see Biba’s IPT demands finally fulfilled

By 2024-01-11T10:54:00

tax relief

With an election rearing its head and major political parties keen to win over voters, insurance premium tax could be due a cut

By Yiannis Kotoulas

At this point, it should be news to no-one that the public are generally fed up with the rising premiums they are paying for their insurance policies. 

Those within the insurance sector may be well armed with a slew of explanations and justifications, but – and I have experienced this myself when making them to friends and family – they fall on deaf ears in the face of significant price increases. 

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