§ Mr. PlaskittTo ask the Chancellor of the Exchequer how many representations his Department has received on insurance premium tax for the travel industry. [13123]
§ Dawn PrimaroloI have received a number of representations on this subject.
§ Mr. PlaskittTo ask the Chancellor of the Exchequer if he will make a statement on the Government's review of insurance premium tax; and what is the timetable for the review. [13122]
§ Dawn PrimaroloI have asked officials in Customs and Excise to monitor the effect of the introduction of the higher rate of insurance premium tax and this will include the impact of the differential tax treatment on travel agents. It is too early yet to draw any firm conclusions from this process and I anticipate that the monitoring will continue for some time. The issue of the application of the higher rate to travel insurance sold by travel agents will also be the subject of a judicial review hearing on 4 November. The conclusions of that hearing will clearly need to be taken into account when considering whether changes are necessary to this measure.
§ Mr. Laurence RobertsonTo ask the Chancellor of the Exchequer if he will make a statement on his Department's review of the impact of different rates of insurance premium tax as between travel agents and brokers. [14006]
§ Dawn PrimaroloI have asked officials in Customs and Excise to monitor the effect of the introduction of the higher rate of insurance premium tax and this will include the impact of the differential tax treatment on travel agents. It is too early yet to draw any firm conclusions from this process.