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Insurance Tax Premium

Volume 400: debated on Monday 3 March 2003

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To ask the Chancellor of the Exchequer how much insurance tax premium was collected in (a) the UK and (b) Northern Ireland in each of the last five years. [99319]

The total amount of insurance premium tax collected in the UK can be found on the HM Customs and Excise website: www.hmce.gov.uk/about/ reports/ann-report/n2.pdf. The total collected for the last five years is as follows:

£million
Total tax receipts
1997–981,044
1998–991,245
1999–20001,423
2000–011,707
2001–021,861
Separate data on the amount of insurance premium tax collected in Northern Ireland are not available.