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.

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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
Published 4 July 2014
Last updated 6 April 2023 + show all updates
  1. The helpsheet for tax year 2023 to 2024 has been added, and the version for tax year 2019 to 2020 has been removed.

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

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

  4. The 2019 to 2020 helpsheet has been added.

  5. The 2018 to 2019 helpsheet has been added.

  6. The 2017 to 2018 helpsheet has been added.

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

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

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

  10. First published.