Author: Tom Wood | Date: 01/01/2011
Categories: General
You may be aware the Government is increasing Insurance Premium Tax to 6% from the 4th January 2011. This is a 1% increase and it is the first increase since 2003. Though tax increases are widely unwelcome, the UK has one of the lowest Insurance Premium Taxes in the European Union. As an example, we list the tax rates currently […]
Author: Tom Wood | Date: 01/11/2010
From January 2011 there will be new laws that will give DVLA more power to combat keepers of vehicles that are not insured. DVLA will compare its records with details of vehicles on the MID and if a vehicle does not have insurance the registered keeper could face:- A fixed penalty of £100 Their vehicle being clamped, seized and disposed […]
Author: Tom Wood | Date: 01/12/2008
A leading Insurer has warned that new legislation will significantly increase the penalties available for Health & Safety (H&S) offences. The Health & Safety Offences Act 2008 comes into force in January 2009 and will raise the maximum fines that can be imposed in Lower Courts for violations from £5,000 to £20,000. Businesses have been advised to check their H&S […]