Beta This part of GOV.UK is being rebuilt – find out what this means

HMRC internal manual

Insurance Policyholder Taxation Manual

From
HM Revenue & Customs
Updated
, see all updates

Chargeable events: contents

  1. IPTM3100
    The charge to tax: income tax and corporation tax
  2. IPTM3110
    The charge to tax: income tax
  3. IPTM3120
    The charge to tax: corporation tax
  4. IPTM3130
    The charge to tax: corporation tax: points of difference
  5. IPTM3200
    Person liable to charge
  6. IPTM3210
    Person liable to charge: chargeable event certificates
  7. IPTM3220
    Person liable to charge: individuals and companies
  8. IPTM3230
    Person liable to charge: UK resident trustees
  9. IPTM3240
    Person liable to charge: death cases
  10. IPTM3250
    Person liable to charge: summary of the position in relation to trusts
  11. IPTM3260
    Person liable to charge: non-UK resident trustees and foreign institutions
  12. IPTM3270
    Person liable to charge: multiple interests
  13. IPTM3280
    Person liable to charge: multiple interests: chargeable event certificates
  14. IPTM3290
    Person chargeable: multiple interests: trusts created by more than one person
  15. IPTM3300
    Policies and contracts charged: general
  16. IPTM3310
    Policies and contracts charged: qualifying policies
  17. IPTM3320
    Policies and contracts charged: personal portfolio bonds
  18. IPTM3330
    Policies and contracts charged: ‘foreign policies’
  19. IPTM3400
    When events occur: general
  20. IPTM3410
    When events occur: exceptions
  21. IPTM3420
    When events occur: no chargeable event
  22. IPTM3430
    When events occur: disregard of certain assignments
  23. IPTM3500
    Calculating gains: general
  24. IPTM3505
    Calculating gains: ‘insurance year’
  25. IPTM3510
    Calculating gains: death, maturity, full surrender or assignment
  26. IPTM3515
    Calculating gains: death, maturity, full surrender or assignment: value of the policy or contract
  27. IPTM3520
    Calculating gains: death, maturity, full surrender or assignment: replacement policies
  28. IPTM3525
    Calculating gains: death, maturity, full surrender or assignment: related policies
  29. IPTM3527
    Calculating gains: maturity, full surrender or assignment: commission rebated or reinvested as premium
  30. IPTM3528
    Calculating gains: maturity, full surrender or assignment: commission rebated: examples
  31. IPTM3530
    Calculating gains: death, maturity or full surrender: qualifying endowment policies held as security for company debts
  32. IPTM3535
    Calculating gains: death, maturity or full surrender: disregard of trivial inducement benefits
  33. IPTM3540
    Calculating gains: part surrenders and part assignments: ‘periodic calculations’ and ‘excess events’: general
  34. IPTM3545
    Calculating gains: part surrenders and part assignments: ‘periodic calculations’ and ‘excess events’: events treated as part surrenders
  35. IPTM3550
    Calculating gains: part surrenders and part assignments: ‘periodic calculations’ and ‘excess events’: guaranteed income bonds
  36. IPTM3555
    Calculating gains: part surrenders and part assignments: ‘periodic calculations’ and ‘excess events’: definitions
  37. IPTM3560
    Calculating gains: part surrenders and part assignments: ‘periodic calculations’ and ‘excess events’: calculation method
  38. IPTM3565
    Calculating gains: part surrenders and part assignments: ‘periodic calculations’ and ‘excess events’: value of rights surrendered or assigned
  39. IPTM3570
    Calculating gains: part surrenders and part assignments: ‘periodic calculations’ and ‘excess events’: special cases
  40. IPTM3575
    Calculating gains: part surrenders and part assignments: ‘periodic calculations’ and ‘excess events’: assignments involving co-ownership
  41. IPTM3580
    Calculating gains: part surrenders and part assignments: ‘transaction-related calculations’
  42. IPTM3585
    Calculating gains: part surrenders and part assignments: ‘transaction-related calculations’: calculation method
  43. IPTM3590
    Calculating gains: part surrenders and part assignments: ‘transaction-related calculations’: ‘final insurance year’: special rules
  44. IPTM3595
    Calculating gains: part surrenders and part assignments: ‘transaction-related calculations’: chargeable event
  45. IPTM3600
    Personal portfolio bonds: background
  46. IPTM3610
    Personal portfolio bonds: meaning: bonds made on or after 17 March 1998
  47. IPTM3620
    Personal portfolio bonds: meaning: bonds made before 17 March 1998
  48. IPTM3630
    Personal portfolio bonds: meaning: index selection
  49. IPTM3640
    Personal portfolio bonds: meaning: property selection
  50. IPTM3650
    Personal portfolio bonds: calculation method
  51. IPTM3660
    Personal portfolio bonds: calculation method: example
  52. IPTM3670
    Personal portfolio bonds: chargeable event
  53. IPTM3700
    Foreign policies: differences in treatment
  54. IPTM3710
    Foreign policies: effect on qualifying status
  55. IPTM3720
    Foreign policies: basic rate tax not treated as paid
  56. IPTM3730
    Foreign policies: reduction for non-UK policyholder
  57. IPTM3731
    Reduction for non-UK policyholder from 6 April 2013
  58. IPTM3732
    Calculation of the reduction in gain from 6 April 2013
  59. IPTM3733
    Non-UK policyholder and assignments and shared rights
  60. IPTM3734
    Gains arising during a period of non-UK residence
  61. IPTM3735
    Gains arising to personal representatives and trustees
  62. IPTM3736
    Interaction between restricted relief qualifying policies and top slicing relief
  63. IPTM3740
    Foreign policies: reduction for non-UK policyholder: example
  64. IPTM3800
    Income tax treated as paid and reliefs
  65. IPTM3810
    Income tax treated as paid
  66. IPTM3820
    Top slicing relief: general
  67. IPTM3830
    Top slicing relief: calculation
  68. IPTM3840
    Top slicing relief: how relief is given
  69. IPTM3850
    Top slicing relief: examples
  70. IPTM3860
    Deficiency relief: entitlement and calculation
  71. IPTM3870
    Deficiency relief: how relief is given
  72. IPTM3880
    Deficiency relief: examples
  73. IPTM3900
    Application of the loan relationships rules: scope and commencement
  74. IPTM3905
    Application of the loan relationships rules: accountancy treatment of investment life insurance contracts
  75. IPTM3910
    Application of the loan relationships rules: non-trading credits and debits
  76. IPTM3915
    Application of the loan relationships rules: payouts on death or critical illness
  77. IPTM3920
    Application of the loan relationships rules: tax treated as paid: description of mechanism
  78. IPTM3925
    Application of the loan relationships rules: tax treated as paid: examples
  79. IPTM3930
    Application of the loan relationships rules: transition from chargeable events rules: deemed surrender
  80. IPTM3935
    Application of the loan relationships rules: transition from chargeable events rules: contracts accounted for on fair value basis
  81. IPTM3940
    Application of the loan relationships rules: transition from chargeable events rules: contracts accounted for other than on fair value