{"id":35550,"date":"2016-11-23T22:26:50","date_gmt":"2016-11-23T15:26:50","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurance-premium-tax-is-increased-again-in-autumn-statement\/"},"modified":"2016-11-23T22:34:43","modified_gmt":"2016-11-23T15:34:43","slug":"insurance-premium-tax-is-increased-again-in-autumn-statement","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurance-premium-tax-is-increased-again-in-autumn-statement\/","title":{"rendered":"Insurance premium tax is increased again in autumn statement"},"content":{"rendered":"


\nChancellor\u2019s move is branded a \u2018hammer blow for the hard-pressed\u2019, with young drivers and those in London expected to be hardest hitInsurers and motoring groups have reacted with fury to the government\u2019s announcement that insurance premium tax (IPT) will rise to 12% from June next year. The tax, which is added to 50m general insurance policies each year including those for cars, homes and private medical cover, had been described in the runup to the statement by the industry as the UK\u2019s \u201cfastest growing stealth tax\u201d. Continue reading…
\n
\nSource : theguardian.com
\nRead more…Insurance premium tax is increased again in autumn statement<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Chancellor\u2019s move is branded a \u2018hammer blow for the hard-pressed\u2019, with young drivers and those...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-35550","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-9fo","jetpack-related-posts":[{"id":36044,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-insurance-premiums-to-rise-to-600-after-tax-hike\/","url_meta":{"origin":35550,"position":0},"title":"Car insurance premiums to rise to \u00a3600 after tax hike","date":"November 26, 2016","format":false,"excerpt":"\r AA warns of soaring costs from June following autumn statement announcementCar insurance premiums are set to break through the \u00a3600 barrier for the first time next year as insurers pass on higher costs and this week\u2019s premium tax hike, experts are warning. On Wednesday the chancellor, Philip Hammond, announced\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":35730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/why-such-modesty-mr-hammond-brief-letters\/","url_meta":{"origin":35550,"position":1},"title":"Why such modesty, Mr\u00a0Hammond? | Brief letters","date":"November 25, 2016","format":false,"excerpt":"\r Readers\u2019 responses to the autumn statement 2016Now that letting agents\u2019 fees will be abolished (Report, 24 November), attention could turn to that other concealed charge, the booking fee. York\u2019s Barbican and its agents levy a 12.5% fee on card purchases. They charge no such fee on cash payments, despite\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":42689,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/car-insurance-premiums-at-highest-level-ever-say-insurers\/","url_meta":{"origin":35550,"position":2},"title":"Car insurance premiums at highest level ever, say insurers","date":"February 3, 2017","format":false,"excerpt":"\r Association blames whiplash claims, repair bills and rise in insurance premium tax for rise at more than five times rate of inflationCar insurance premiums have hit their highest recorded levels ever and rose at more than five times the rate of inflation during 2016, according to the Association of\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":72277,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/insurers-fear-tax-rise-in-raid-on-the-responsible\/","url_meta":{"origin":35550,"position":3},"title":"Insurers fear tax rise in 'raid on the responsible'","date":"November 20, 2017","format":false,"excerpt":"\r Association of British Insurers says chancellor should resist further increases to insurance premium tax, which has doubled since 2015 The government is being urged to avoid \u201cpenalising\u201d families and businesses with another hike in the tax on insurance policies, amid speculation that Philip Hammond may be planning a fresh\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":134574,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/little-help-for-victims-of-cladding-scandal-letter\/","url_meta":{"origin":35550,"position":4},"title":"Little help for victims of cladding scandal | Letter","date":"February 20, 2023","format":false,"excerpt":"\r Government inaction continues to cost leaseholders dear, says Lynne Hamshaw, whose daughter\u2019s building insurance premium has gone up by 1,000%Thank you so much for your editorial on the seemingly forgotten cladding scandal (5 February). Apart from the fear of living in a flammable building, there is also the endless\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52494,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/average-uk-car-insurance-premiums-up-8-in-a-year\/","url_meta":{"origin":35550,"position":5},"title":"Average UK car insurance premiums up 8% in a year","date":"April 21, 2017","format":false,"excerpt":"\r Association of British Insurers says typical cover is now \u00a3462 as whiplash claims and tax hikes hit motorists hardHigher taxes and whiplash claims have pushed the average car insurance premium up by 8% over the last year, adding \u00a334 to the average annual cost for drivers, according to the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35550"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=35550"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/35550\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=35550"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=35550"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=35550"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}