MSE News: Insurance premiums soar for millions: cut costs now

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Former_MSE_Helen
Former_MSE_Helen Posts: 2,382 Forumite
in Insurance & life assurance
Insurance Premium Tax was hiked from 6% to 9.5% at the start of this month...
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Insurance premiums soar for millions: cut costs now

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  • Credit-Crunched
    Credit-Crunched Posts: 2,212 Forumite
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    Excellent news, people who think of protecting their possessions, loved ones, income etc get hit with another tax hike.

    Those that do not insure their cars, rely on state benefits if ill or unable to work, and choose not to allocate some of their income to protect themselves once again do not face the increasing tax levies.

    I really do wonder why I bother.
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