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937737
star this property registered interest false more like this
star this property date less than 2018-07-10more like thismore than 2018-07-10
star this property answering body
Treasury more like this
star this property answering dept id 14 more like this
star this property answering dept short name Treasury more like this
unstar this property answering dept sort name Treasury more like this
star this property hansard heading Cars: Insurance more like this
star this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Chancellor of the Exchequer, whether his Department takes steps to provide tax relief to young first-time drivers for their first year of car insurance. more like this
star this property tabling member constituency Strangford more like this
star this property tabling member printed
Jim Shannon more like this
unstar this property uin 162563 more like this
star this property answer
answer
unstar this property is ministerial correction false more like this
star this property date of answer less than 2018-07-18more like thismore than 2018-07-18
star this property answer text <p>All car insurance is subject to Insurance Premium Tax (IPT), which is a tax paid by insurers on all general insurance premiums</p><p> </p><p>As IPT is a tax paid by insurers, it is difficult to target a tax relief to benefit young drivers specifically. Tax reliefs of this kind also add complexity to the tax system and are likely to result in similar calls for reliefs on other forms of expenditure.</p><p> </p><p>However, the government does not apply VAT to any car insurance.</p><p> </p> more like this
star this property answering member constituency Central Devon more like this
star this property answering member printed Mel Stride more like this
star this property question first answered
remove filter
star this property answering member
3935
star this property label Biography information for Mel Stride remove filter
star this property tabling member
4131
unstar this property label Biography information for Jim Shannon more like this