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Insurance Premium Tax on track for record year amid Budget rate hike speculation

By 2025-11-24T09:00:00

treasury

‘With the Autumn Budget just days away, HMRC’s latest figures showing IPT receipts of £5.52bn expose a growing contradiction,’ says head

Insurance Premium Tax (IPT) receipts have totalled £5.52bn across the first seven months of the 2025 financial year, according to new data from HMRC.

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