GOV.UK Lorem
Sourcing your five-a-day filler text snippets from UK Government announcements. Served randomly. Not endorsed by GOV.UK.
These measures, scored at Budget 2016, will help to ensure large businesses will always pay tax in years where they make substantial profits.
Insurance Premium Tax (IPT) will increase from 10% to 12%. IPT is a tax on insurers and it is up to them whether and how to pass on costs to customers.
In its final report published in August this year, the CMA announced measures aimed at ensuring that customers benefit from technological advances, and that new entrants and smaller providers can compete more fairly.
The new capital investment I have announced today will provide the financial backbone for the government’s Industrial Strategy, which the Prime Minister spoke about on Monday.
The refresh is an opportunity to help to deliver a vibrant, competitive and successful defence sector in the UK, contributing to the needs of our Armed Forces, allies and partners around the world as well as making a significant contribution to the UK’s prosperity.
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