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_calls-made-to-cut-hidden-insurance-tax-estimated-to-cost-public-and-businesses-8-billion-every-year.webp "Calls have been made to cut a ‘hidden’ tax which is estimated to cost the public and businesses as much as £8 billion every year.<br/><br/>Insurance tax adds an extra 12 per cent on to most insurance policies - which means an average of £67 is added to premiums for car insurance.<br/><br/>This tax shoots up to more than £100 for household with a car when home insurance is added.<br/><br/>It comes after research of 2,000 adults with insurance found 31 per cent have no idea Insurance Premium Tax (IPT) even existed, while another 36 per cent only have a little knowledge about it. <br/><br/>And half are unaware about exactly how much gets added to their policy cost because of this tax. <br/><br/>Mervyn Skeet, director of general insurance policy at The Association of British Insurers, which has launched a campaign calling on the Chancellor to cut the tax levied on insurance, said: “It is high time we unmask this tax which penalises people and businesses for being responsible.<br/><br/>“This tax hits the poorest hardest because they normally spend more on insurance, such as home and motor cover, as a proportion of their income.<br/><br/>“Such a move would not only provide relief to hardworking families and businesses but also foster economic resilience.”<br/><br/>The study also found 49 per cent of those polled have become more conscious about how much they are spending on insurance since the start of the cost-of-living crisis. <br/><br/>As a result, 58 per cent have reduced cover or changed to a cheaper provider within the last 12 months. <br/><br/>While 26 per cent opted for a provider they had never heard of because they wanted to save money and 21 per cent removed additional extras they had previously included.<br/><br/>Now, 36 per cent are worried they might not have the appropriate level of cover in the event of an emergency. <br/><br/>Consequently, just six per cent of those polled, via OnePoll, who have taken out insurance would oppose a cut on this taxation. <br/><br/>Nearly seven in 10 (68 per cent) feel people are being penalised for being responsible and getting insurance, while 63 per cent are of the belief that taxing on essential items should be minimal. <br/><br/>As a result, the Association of British Insurers campaign has seen Plunge Creations, the costume makers of ITV’s The Masked Singer, create Snippy, a giant pair of scissors unmasking this ‘hidden’ tax ahead of the budget.<br/><br/>Mervyn Skeet added: “Since its introduction, Insurance Premium Tax has increased more rapidly than the tax rate applied to alcohol and gambling.3<br/><br/>“Today we call on the Chancellor to use next week’s Spring budget to cut the standard insurance premium tax rate.<br/><br/>“It penalises people for being responsible and a cut will help hard working households and businesses offset escalating costs and protect their families and livelihoods against sudden financial shocks. <br/><br/>“There has never been a better time for the government to show its support to the millions of homeowners and businesses who do the right thing by buying insurance.”")
⏲ 0:44 👁 22.2M
_katrina-kaif-hot-household-work-video-124124-covid-19-lockdown.webp "Celebrity Buzz")
_katrina-kaif39s-indoor-performing-bahu-duties-cleaning-home-with-husband-vicky-kaushal-at-sasural.webp "Bollywood HTV")
⏲ 1 minute 28 seconds 👁 4.9K
_martin-lewis-money-saving-expert-uncovers-a-detail-that-could-lead-to-big-saving-ahead-of-the-april-energy-price-cap.webp "MARTIN Lewis has uncovered a significant detail that could mean extra savings of £49 annually for millions of consumers. Providing his analysis of the latest data released by energy regulator Ofgem, the consumer advocate highlighted key changes. Effective April 1, the energy price cap will decrease from £1,928 to £1,690 per year. This adjustment could potentially lead to a £238 drop in the typical annual dual-fuel bill for the average household. However, it's essential to note that the cap undergoes review every three months, potentially affecting yearly bills. <br/><br/>Moreover, individual costs are contingent on usage, as the cap primarily impacts the unit rates charged by energy companies. Additionally, Ofgem announced other amendments, notably ensuring parity between prepayment meter users and direct debit payers regarding standing charges. Martin emphasised on Good Morning Britain that this adjustment makes prepayment the most economical payment method for the first time. With standing charges now equalised and prepayment unit rates cheaper, starting April 1, households under the price cap—comprising the majority—can anticipate prepayment being around 3% more cost-effective than direct debit. Gas standing charges will rise to 31.43p daily, up from the current 29.6p, while electricity standing charges will increase to 60.1p from 53.35p. <br/><br/>Ofgem specified a reduction in the maximum supplier charge for gas from 7.42p per kWh to 6.04p, and for electricity, a decrease from 28.62p to 24.50p per kWh, effective April 1. Here’s what Martin had to say when appearing on itv good morning Britain. We’ll citizens advice say: Citizens Advice, over 800,000 individuals experienced periods exceeding 24 hours without access to gas or electricity last year, while approximately 1.7 million people faced disconnections at least once per month. Transitioning to a prepayment meter signifies a significant shift in energy payment methods, necessitating manual top-ups either through in-person transactions at stores or via dedicated applications. In contrast, direct debit setups involve consistent monthly payments based on estimated energy consumption, accommodating seasonal variations such as increased usage in winter and decreased usage in summer.")
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_katrina-kaif-hot-workout-at-home-during-lockdown-124-alag-salag-videos-124.webp "Alag Salag Videos")
_katrina-kaif-exercises-on-her-terrace-for-india-to-be-fit.webp "Movie Talkies")
_92.webp "A man turned his mum's kitchen into a McDonald's restaurant and spent £311 buying the whole menu.<br/><br/>Maks Majewski, 20, spent five hours transforming his mum's kitchen into a McDonald's restaurant by installing homemade banners, flags and bunting.<br/><br/>He then spent £311 buying the entire McDonald's menu - including a Big Mac, chicken nuggets and fries - which filled 22 bags.<br/><br/>Maks purchased a McDonald's uniform online and even managed to get the table numbers costing \")
_katrina-kaif-doing-household-work-124-katrina-live-cleaning-plates-124katrina-kaif-home-quarantine-video.webp "BIGG BOSS")
Katrina kaif doing Household work | Katrina live cleaning plates |Katrina kaif home quarantine video
⏲ 40 seconds 👁 44
_katrina-kaifs-terrace-gets-turned-into-a-cozy-space-by-gauri-khan-124-dream-homes-with-gauri-khan.webp "Mirchi Plus")
⏲ 22 minutes 25 seconds 👁 1.4M
_saleyards-report-march-1-2024-the-standard.webp "Reporter Katrina Lovell details a new report into future use of the former saleyards site.")
_did-katrina-kaif-fart-on-live-chat.webp "Women Farting")
_how-katrina-kaif-is-cleaning-plates-and-her-rooms-at-home-in-corona-virus-lockdown.webp "Jan Prahar")
⏲ 3 minutes 22 seconds 👁 254
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