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1681601
registered interest true more like this
date less than 2024-01-11more like thismore than 2024-01-11
answering body
Treasury more like this
answering dept id 14 more like this
answering dept short name Treasury more like this
answering dept sort name Treasury more like this
hansard heading Lifeboats: Insurance Premium Tax more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Chancellor of the Exchequer, if he will make an assessment of the potential merits of extending the Insurance Premium Tax exemption to lifeboat services that operate on inland waterways, lakes and reservoirs. more like this
tabling member constituency Totnes more like this
tabling member printed
Anthony Mangnall remove filter
uin 9297 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2024-01-17more like thismore than 2024-01-17
answer text <p>IPT is forecast to raise £8 billion in 2023/24 and this revenue helps to fund vital public services including the NHS and social care.</p><p>Insurance pricing is a decision which is affected by a wide range of factors, and the taxes that insurers pay are just one part of this. It is hard to predict the impact of an IPT reduction on inland lifeboats pricing because this largely depends on how the insurers react.</p><p>The government keeps all tax policy under review</p> more like this
answering member constituency Hitchin and Harpenden more like this
answering member printed Bim Afolami more like this
question first answered
less than 2024-01-17T12:11:15.27Zmore like thismore than 2024-01-17T12:11:15.27Z
answering member
4639
label Biography information for Bim Afolami more like this
tabling member
4762
label Biography information for Anthony Mangnall more like this