UK government warned against increasing premium tax

A rise in insurance premium tax would leave 54% of UK firms struggling to afford cover, BIBA says

Sarah JollyMay 2, 2025
Graeme Trudgill, CEO of The British Insurance Brokers’ Association (BIBA)
Graeme Trudgill, BIBA

More than half (54%) of UK businesses said an increase in insurance premium tax (IPT) would make it difficult for them to afford cover, according to a poll commissioned by the British Insurance Brokers’ Association (BIBA), an...

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Sarah JollyMay 2, 2025
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