Motor Vehicles: Insurance Premium Tax

(asked on 27th April 2016) - View Source

Question to the HM Treasury:

To ask Mr Chancellor of the Exchequer, what representations he has received on the potential merits of exempting drivers between the ages of 17 and 25 who have telematics car insurance policies from insurance premium tax.


Answered by
Harriett Baldwin Portrait
Harriett Baldwin
This question was answered on 9th May 2016

HM Treasury receives representations on a wide variety of issues. We have received representations from parts of the insurance industry indicating that they would support a reduction in, or exemption from, Insurance Premium Tax for telematics insurance policies, particularly for young drivers. We keep all taxes under review.

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