Policy paper

Part surrenders and part assignments of life insurance policies

This tax information and impact note is about a policyholder who has generated a wholly disproportionate gain to apply to have the gain recalculated.

Documents

Details

This measure provides a remedy which allows a policyholder who has generated a wholly disproportionate gain to apply to HM Revenue and Customs to have the gain recalculated on a just and reasonable basis.

Published 5 December 2016