Asking for part of your payment free of tax
The person getting a Purchased Life Annuity needs to fill in this form so that the company or society
paying the annuity (the provider) can work out any exempt capital part of the annuity and pay it to you tax free.
Not all Purchased Life Annuities can have a tax free capital amount. So if you’re not sure, contact your provider.
Who should fill in the form
The provider should fill in part A of this form and pass it to the person who’s paid the annuity.
The person getting the annuity payments must fill in parts B and C of this form, even if either:
- someone else has bought or part bought the annuity
- it’s payable for more than one life (or on someone else’s life)
If the annuity is paid to more than one person, each person needs to fill in part B.