UK insurance industry contributed £17.2bn in tax in 2021

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Reinsurance News - Dec 16, 2022

The Association of British Insurers (ABI) has said that the UK’s insurance industry contributed £17.2bn in tax between 2021 and 2022. This, said the association, is a ‘record’ amount, 6.9% higher than in 2019-2020, and makes up 2.1% of the government’s tax receipts. The survey, it wrote, was carried...

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