Buildings: Insurance Premium Tax

(asked on 9th January 2024) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, what the income to the public purse from Income Premium Tax on buildings insurance was in each year since 2017.


Answered by
Bim Afolami Portrait
Bim Afolami
Economic Secretary (HM Treasury)
This question was answered on 17th 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.

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