Karl McCartney – 2016 Parliamentary Question to the HM Treasury

The below Parliamentary question was asked by Karl McCartney on 2016-04-27.

To ask Mr Chancellor of the Exchequer, what representations he has received on the potential merits of exempting drivers between the ages of 17 and 25 who have telematics car insurance policies from insurance premium tax.

Harriett Baldwin

HM Treasury receives representations on a wide variety of issues. We have received representations from parts of the insurance industry indicating that they would support a reduction in, or exemption from, Insurance Premium Tax for telematics insurance policies, particularly for young drivers. We keep all taxes under review.