Guidance

Self Assessment tax return for Lloyd's underwriters (Self Assessment helpsheet HS240)

Find out how to complete a tax return for Lloyd's underwriters.

• From: HM Revenue & Customs
• Published: 4 July 2014
• Last updated: 6 April 2026
  Show all updates

  1. 6 April 2026

     The helpsheet for HS240 Lloyd's underwriters (2026) has been added, helpsheets for 2021 to 2022 have been removed.

  2. 6 April 2025

     The helpsheet for HS240 Lloyd's underwriters (2025) has been added, helpsheets for 2020 and 2021 have been removed.

  3. 6 April 2023

     The helpsheet for tax year 2023 to 2024 has been added, and the version for tax year 2019 to 2020 has been removed.

  4. 6 April 2022

     The helpsheet for HS240 Lloyd's underwriters (2022) has been added. The versions for tax years 2017 and 2018 have been removed.

  5. 6 April 2021

     Guidance has been updated to include HS240 Lloyd's underwriters (2021)

  6. 6 April 2020

     The 2019 to 2020 helpsheet has been added.

  7. 6 April 2019

     The 2018 to 2019 helpsheet has been added.

  8. 6 April 2018

     The 2017 to 2018 helpsheet has been added.

  9. 15 May 2017

     The helpsheet has been added for the tax year 2016 to 2017.

  10. 6 April 2016

      Rates, allowances and duties have been updated for the tax year 2016 to 2017.

  11. 17 April 2015

      Rates, allowances and duties have been updated for the tax year 2015 to 2016.

  12. 4 July 2014

      First published.

Documents

HS240 Lloyd's underwriters (2026)

HTML

HS240 Lloyd's underwriters (2025)

HTML

HS240 Lloyd's underwriters (2024)

HTML

HS240 Lloyd's underwriters (2023)

HTML

Details

This guide explains more about how to fill in the Self Assessment tax return for Lloyd’s underwriters. It covers:

• foreign tax
• personal stop loss
• Capital Gains Tax
• conversion to limited liability underwriting
• losses
• relief for members who have been underwriting since before 1972
• Special Reserve Funds
• death
• exempt amounts