Skip to main content

Insurance Premiums

Volume 403: debated on Monday 10 March 2003

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Chancellor of the Exchequer what recent discussions officials from his Department have had with representatives of (a) employers and (b) employees concerning the cost of insurance premiums. [101700]

Officials from HM Treasury and other Government Departments have meetings with a wide range of representative groups on issues related to insurance, including the cost of insurance premiums.

To ask the Chancellor of the Exchequer (1) what revenue has been received from Insurance Premium Tax in each year since 1997; [101704](2) what plans he has to provide business with a rebate from Insurance Premium Tax revenues. [102117]

The total amount of insurance premium tax collected in the UK can be found on the HM Customs and Excise website: reports/ann-report/n2.pdf.As with all taxes, Insurance Premium Tax is kept under review and any changes would be announced in the annual Budget.