Motor Vehicles: Insurance

(asked on 23rd January 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, how much insurance premium tax was collected from car insurance in each year since 2010.


Answered by
Bim Afolami Portrait
Bim Afolami
Economic Secretary (HM Treasury)
This question was answered on 31st January 2024

HMRC does not hold the information requested.

Insurance Premium Tax returns do not include a breakdown of the tax due on specific products, as this may impose an excessive administrative burden on customers.

Information on monthly Insurance Premium Tax receipts is published in the document, “HMRC tax receipts and National Insurance contributions for the UK”, found at the link below.

www.gov.uk/government/statistics/hmrc-tax-and-nics-receipts-for-the-uk

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