This tax information and impact note provides the government with a power to update the list of specified permitted property by regulations.
this measure prevents an individual placing personal assets in a life insurance policy to avoid a tax charge on income arising from those assets.
Don’t include personal or financial information like your National Insurance number or credit card details.
To help us improve GOV.UK, we’d like to know more about your visit today. We’ll send you a link to a feedback form. It will take only 2 minutes to fill in. Don’t worry we won’t send you spam or share your email address with anyone.