Lib Dem leader calls for IPT rethink

businessman-tax

Liberal Democrat leader Tim Farron MP has called on the government to reconsider its decision to increase insurance premium tax (IPT) to 12% from June 2017.

The MP signed an early day motion asking the government to reflect on its decision which Chancellor of the Exchequer, Philip Hammond, revealed in his Autumn Statement this month.

Premiums
The Early Day Motion noted: "That this House notes the increase in insurance premium tax from 10 to 12 per cent in June 2017 as set out in the Autumn

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