Tax take from insurers hits record high
The Association of British Insurers’ latest Total Tax Contribution survey, produced by PWC, showed the trade association’s members contributed a record £18.5bn to the UK’s public purse in the 12 months up to 31 March 2024.
The £18.5bn tax take for ABI member accounting periods marks a 9.1% increase since the previous report.
This is more than double the amount recorded when the first survey was conducted in 2007 and
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