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Record IPT receipts fuel calls to ‘cut’ tax to support growth

By 2025-07-28T13:00:00

a tax cut

‘If the government is serious about growth, business confidence and supporting working people, they should cut IPT,’ says head of policy and public affairs

Insurance Premium Tax (IPT) receipts recorded a total of £2.17bn through the first quarter of the 2025/26 financial year.

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