Commentary

E1.455 Life insurance gains—assessment and reliefs

Personal and employment tax

E1.455 Life insurance gains—assessment and reliefs

E1.455 Life insurance gains—assessment and reliefs

Tax is chargeable for the tax year in which the chargeable event takes place1, except where the event is a part surrender or assignment, in which case tax is chargeable for the tax year in which the insurance year (see E1.453) ends2.

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