Ritchie opposes tax rise on insurance premiums

Posted by
info@newrytimes.com
Tuesday, December 13th, 2016
Politics
Margaret RitchieSDLP South Down MP Margaret Ritchie has spoken in Parliament to signal her opposition to the tax rise on insurance premiums outlined in the Chancellor’s Autumn Statement. Speaking to Newry Times, she said, “Raising taxes on insurance premiums is a regressive step that will hit the pockets of people who are already struggling to cope financially.
Article continues below:
30th-nov-2016-small-box“The tax rise will particularly hit young people and the elderly, the two groups who already pay the most for insurance and who are least able to bear further increases. “In Northern Ireland, particularly in rural constituencies like South Down, car ownership is not a luxury – it is a necessity. Article continues below: 2nd-dec-2016-big-boxShe added, “By increasing the costs of car insurance the Government is further taxing a necessity of everyday life. “They should look again at the decision and consider ways that revenue could be raised more fairly.”

Would you like to advertise your business on Newry Times and reach thousands of people every day? Contact the Newry Times office on 028 4062 6520 or email Paul: editor@newrytimes.com

Both comments and pings are currently closed.

1 Comment for “Ritchie opposes tax rise on insurance premiums”

  1. […] Ritchie opposes tax rise on insurance premiums | Latest Newry News, Newry Sport and Newry Business f… […]

Comments are closed

-->

This website does not share personal information with third parties nor do we store any information about your visit other than to analyze and optimize your content and reading experience through the use of cookies. You can turn off the use of cookies at anytime by changing your specific browser settings.

We are not responsible for republished content from this blog on other blogs or websites without our permission. This privacy policy is subject to change without notice and was last updated on 16/01/2017. If you have any questions feel free to contact Newry Times by emailing editor@newrytimes.com

Log in