Tag Archives: Insurance Premium Tax

Young Motorists May See Premiums Rise Significantly

Unfortunately, it tends to be the younger driver who ends up paying the most for their car insurance because they are more likely to be involved in a road traffic accident. It is the young motorist who can possibly least … Continue reading

Will Insurance Premium Tax (IPT) Rise Again?

On average, car insurance premiums rose by quite a sizeable sum last year. In fact, just in the final quarter of 2015, such premiums went up by an average of 7% according to the Association of British Insurers (ABI). Part … Continue reading

Tax On Premiums Goes Up

Some motorists may not have been aware that their car insurance premiums could have gone up yesterday (1st November 2015). This is due to the increase in Insurance Premium Tax announced by the Chancellor of the Exchequer in the last … Continue reading