Blogs

  • Easing the Squeeze on Net Pay savers and those hit hardest by Covid-19

    13/10/2021

    This Budget we need to get rid of the quirks in pensions tax relief so that 1.5m low earners who have been missing out can automatically qualify for it and people who have had to use their pension savings during the pandemic are not penalised for paying the money back.

  • OECD/G20 International Tax Project reaches crucial point

    11/10/2021

    The ABI’s Budget submission sets out how Government has a chance to grasp the nettle of reform and create a complementary tax and regulatory framework that drives competitiveness, attracts overseas capital and promotes the UK as a place to invest, innovate and inspire. Here, Mervyn Skeet, the ABI’s Head of Taxation, writes about the latest discussions on the OECD Inclusive Framework and the impact for the UK insurance industry.

  • IPT – the least effective and progressive option

    07/10/2021

    Ahead of the Budget which will be delivered on 27th October, David Jordorson, Senior Policy Adviser, Taxation, outlines why the ABI is calling for Insurance Premium Tax (IPT) to be frozen.