Wednesday, 6 April 2016

APRIL THE TAX ON INSURANCE CONTRACTS




The tax on insurance contracts worth 10 billion euros.

Appeared under the Vichy regime, the tax on insurance agreements now affecting all general insurance contracts.

This is an element that weighs on insurance premiums and therefore the budget of every household.

The tax is now paid mainly to local authorities for which it has become an essential element of their funding.

The tax rate ranges from 7% to 30% health for fire guarantees With 18% tax and 15% contribution provided by Social Security and 2% related taxes, car insurance supports a total of 35% tax, more than 200 euros on insurance for 600 euros.

Great!

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