Written Question·Treasury·UIN 71208
Insurance Premium Tax
Tabled: 29 August 2025
Answered: 5 September 2025
Question
Mr Richard Holden
Conservative — Basildon and Billericay
To ask the Chancellor of the Exchequer, what assessment she has made of the potential impact of insurance premium tax on the cost of car insurance; and whether she plans to increase insurance premium tax.
Answer
Dan TomlinsonLast year, we established a cross-government motor insurance taskforce with a strategic remit to set the direction for UK government policy, identifying short- and long-term actions for departments that may contribute to stabilising or reducing car insura...
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