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HMRC internal manual

General Insurance Manual

HM Revenue & Customs
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Technical provisions: background: Unearned Premium Provision

The unearned premium provision (UPP) does not provide for future liabilities, but is the deferral of premium income from one accounting period to the next. The tax treatment of the UPP usually follows the accounting treatment. GIM4060 and GIM4070 give more detail about the accounting treatment of UPP.