Liberal Democrat leader Tim Farron has urged the government to reconsider increasing the insurance premium tax (IPT) rate to 12%.
Farron (pictured), who is also the MP for Westmorland and Lonsdale, submitted an Early Day Motion for MPs to debate this matter in parliament.
He was reacting to the government's latest rise to IPT, which was announced in the 2016 Autumn Statement.
This is the third successive change to IPT in less than two years, taking the rate from 6% in 2015 to 12%, which is due to come into effect during June 2017.
Farron warned that the average family has seen their insurance premiums rise by an average of £90 since 2015.
Early day motions (EDMs) are formal motions submitted for debate in the House of Commons.
The Early Day Motion submitted by Farron noted: "That this House notes the increase in insurance premium tax from 10 to 12% in June 2017 as set out in the Autumn Statement 2016; recognises that as a consequence premiums have doubled since 2015; further notes the Association of British Insurers' calculation that an average family will have seen their premiums rise by a total of £90 since 2015; regrets the effect that this increase will have on families already struggling to afford home insurance premiums following the floods of 2015; and calls on the government to review its decision to implement such a rise by 2017."
£1m target for Cancer Research UK
Regulator warns of risk to over-55s
Group led by Ed Dymott
Don’t pay for familiarity
Investment sector reaction