UK’s IPT up 9% to £8.88bn amid calls for tax cuts

Nicholas PrattAugust 1, 2025
HMRC (Her Majesty Treasury) sign in London, UK in black and white
HM Treasury building, Westminster. Credit: Shutterstock/Claudio Divizia

Total insurance premium tax (IPT) receipts for the last financial year in the UK reached £8.88bn (€10.26bn), a 9% rise on the previous 12 months, according to HMRC’s latest IPT bulletin. The bulletin reveals that IPT receipts...

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Nicholas PrattAugust 1, 2025
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