GOV.UK Lorem

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.

Since 2010 we’ve cut income tax for 28 million people and taken 4 million people out of income tax altogether.

The checklists have been revised to put more focus on the most common errors and how these can be avoided. But there is no change to our requirements when submitting bills.

Since 2010, the Office for Budget Responsibility has provided an independent economic and fiscal forecast, to which the government must respond.

LIBOR fines are collected from banks who break banking rules, and are given directly to causes benefitting armed forces and emergency services charities.