Commentary

E1.1326 Certification of qualifying policies

Personal and employment tax

E1.1326 Certification of qualifying policies

E1.1326 Certification of qualifying policies

Life assurance premium relief is abolished in respect of all policies with effect from, broadly, 6 April 2015 (see E1.1300). The certification requirement for qualifying policies was abolished from 6 April 2013 (see below).

On 1 April 1976 the certification of life insurance policies as qualifying policies was taken over from the life offices by the Revenue1. A policy issued after that date but before 6 April 2013, if it was to be a qualifying policy, had to be so certified by HMRC2, or had to conform to a standard form which was certified by HMRC or to such a standard form subject only to additions which HMRC certified as being compatible with the conditions for qualifying policies3. A certificate issued under this procedure was to be regarded as conclusive evidence that a policy is a qualifying policy4. In issuing a certificate in respect of a policy HMRC were able to disregard any provision of the policy, standard form or addition which appeared to be insignificant5.

If HMRC refused to certify a policy, the policy holder had the right to appeal to the Tribunal6. Within three months of the issue of a policy which was certified by HMRC as a qualifying policy, or which conformed with a standard form as certified by HMRC and was, in the

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