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Insurance premium tax windfall sets record high for Treasury

By 2025-04-24T08:57:00

tax

‘The full-year IPT receipts to March 2025 indicate another significant increase for the chancellor,’ says senior actuarial director

A March 2025 insurance premium tax (IPT) receipt of £61m has taken the 2024/25 financial year IPT total to £8.88bn.

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