Carrot suggests IPT exemption for young drivers
Telematics provider Carrot wants Chancellor of the Exchequer George Osborne to exempt young drivers from paying insurance premium tax if they buy an approved safe driving telematics programme within one year of passing their driving test.
Carrot director Ed Rochfort said Carrot customers will pay more than £2m in IPT this year but, on average, the company saves insurers more than £5m annually in lower claims costs because Carrot
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