Insurers paid and collected £10.4bn in tax
Insurers paid £10.4bn to the UK Exchequer last year – more than before the recession - figures from the Association of British Insurers and PWC have revealed.
Insurers paid corporation tax of £2.7bn in 2010 - or 6.4% of total government corporation tax receipts. This is a 50% jump in corporation tax paid out by ABI members since 2009.
Insurance companies in
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