Gareth Thomas – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Gareth Thomas on 2016-01-26.

To ask Mr Chancellor of the Exchequer, what estimate he has made of the revenue that will accrue to the Exchequer from the insurance premium tax on health cash plans; and if he will make a statement.

Mr David Gauke

In 2014-15, total Insurance Premium Tax receipts were approximately £3bn. HM Revenue and Customs estimates that £10.9 million in revenue was received from Insurance Premium Tax on health cash plans in 2014-15.