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Insurance Fraud

Treasury written question – answered on 29th June 2005.

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Photo of Gregory Barker Gregory Barker Shadow Spokesperson (Environment, Food and Rural Affairs)

To ask the Chancellor of the Exchequer what representations he has received regarding allegations of fraud by insurance companies using the insurance premium tax.

Photo of Ivan Lewis Ivan Lewis The Economic Secretary to the Treasury

The Treasury has received no representations regarding allegations of insurance premium tax (IPT) fraud by insurance companies in the past year. Some allegations of underpayment of IPT have been received regarding one particular business and these have been investigated by HM Revenue and Customs.

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