Brown's pre-budget statement 'revenue neutral'
The fact that insurance premium tax remained constant was probably the best news for insurance in Go...
The fact that insurance premium tax remained constant was probably the best news for insurance in Gordon Brown's last pre-budget statement, which one analyst described as a 'revenue neutral' statement for the industry.
Andrew Green, partner at international accounting firm Mazars, hinted at a lack of political will to increase tax due to concerns over the problem of underinsurance, which higher premium prices due to increased tax could obviously exacerbate. However, he added that it was equally
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