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The little-known driving tax you probably don t know you are paying

The little-known driving tax you probably don t know you are paying
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Insurance premium tax

Surge in motor premiums fuels spike in uninsured drivers – analysis

Surge in motor premiums fuels spike in uninsured drivers – analysis
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United kingdomLouise haighJonathan fongAssociation of british insurersNicholas lyesBritish insurersInsurance premium tax

Young uninsured driver convictions doubles due to spike in car insurance premiums

6,316 British drivers aged 17 to 20 were convicted of driving without insurance in 2023

United kingdomLouise haighJonathan fongNiall carsonAssociation of british insurersMorning headlinesNicholas lyesBritish insurersInsurance premium tax

Young drivers can t afford to insure their cars: Number of 17-20 year olds convicted for not having cover more than doubles in two years

Official figures show that 6,316 drivers aged 17 to 20 were convicted of driving without insurance in 2023. That is up 117% on the 2,902 instances recorded in 2021.

United kingdomJonathan fongLouise haighAssociation of british insurersBritish insurersNicholas lyesInsurance premium tax

Certain drivers are disproportionately paying more tax as experts demand rule change

Motor experts are calling for changes to Insurance Premium Tax (IPT) rates. Fees differ depending on car insurance policies meaning those who pay more for cover will be slapped with higher charges.

United kingdomMike brewerSmart directorStandards nicholas lyesInsurance premium taxDealer mike brewer

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