Hansard

Insurance Premiums

Volume 403: debated on Monday 10 March 2003

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Mr. Stephen O'Brien

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]

Ruth Kelly

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.

Mr. Stephen O'Brien

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]

Ruth Kelly

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.As with all taxes, Insurance Premium Tax is kept under review and any changes would be announced in the annual Budget.