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HMRC internal manual

Capital Gains Manual

HM Revenue & Customs
, see all updates

Insurance: introduction

There are many kinds of insurance policy. Capital Gains Tax liability is most often met in relation to:

  1. policies covering the risk of damage to, or loss or depreciation of, assets which are chargeable assets - see CG69030 - CG69031;
  2. life insurance policies and deferred annuities - see CG69040- 69081.