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Treasury on target for record £9bn insurance tax earnings after December receipts revealed

By 2026-01-23T07:00:00

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‘With three months remaining in the financial year, December’s IPT intake reinforces that this tax shows no signs of easing as the year‑to‑date total climbs to £6.8bn,’ says head

Insurance Premium Tax (IPT) receipts for December 2025 totalled £43m, bringing the year-to-date total for the levy to £6.8bn in the first nine months of the financial year.

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