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HMRC internal manual

Insurance Policyholder Taxation Manual

From
HM Revenue & Customs
Updated
, see all updates

Insurance Policyholder Taxation Manual: recent changes

Below are details of the amendments that were published on 7 March 2011 (see the update index for all updates)

Section Details of update  
     
IPTM1320 Updated to include additional information about the development of policyholder taxation  
IPTM2150 Revised text about life assurance premium relief and trade union subscriptions  
IPTM3110 Updated text about chargeable events and the charge to income tax  
IPTM3230 Updated text about chargeable events and UK resident trustees  
IPTM3250 Updated text about chargeable events and rights held on a bare trust  
IPTM3310 Updated text about chargeable events and a qualifying policy being converted into a paid up policy  
IPTM3810 Updated text about chargeable events and income tax treated as paid  
IPTM3840 Updated text about chargeable events and how top slicing relief is given  
IPTM3850 Updated text about chargeable events and examples of top slicing relief  
IPTM3870 Updated text about chargeable events and how deficiency relief is given  
IPTM3880 Updated text about chargeable events and examples of deficiency relief  
IPTM7060 Revised text about exceptions to the chargeable event rules and pension policies  
IPTM7080 Updated text about variations which increase the benefits secured or extend the term  
IPTM7107 Updated about the requirement to provide a chargeable event certificates for company policyholders  
IPTM7115 Updated text about chargeable event certificates for policyholders where a power of attorney has been granted  
IPTM7135 Revised text about chargeable events certificate for policyholders and total previous capital payments  
IPTM7145 Updated text about the circumstances where chargeable event certificates need to be provided to HMRC  
IPTM7175 Updated text about chargeable event certificates for HMRC where a power of attorney has been granted  
IPTM7200 Updated text about chargeable event certificates for HMRC and extensions to the time limits for delivery for late notification of deaths and assignments  
IPTM7315 Revised text about qualifying policies and the variation or exercise of option which increases the premiums payable  
IPTM7335 Updated text, in the context of fundamental reconstruction of a policy, about paid-up qualifying policies  
IPTM7540 Updated text about deficiency relief  
IPTM7555 Updated text about chargeable events and income tax treated as paid  
IPTM8050 Updated text about non-payment of premiums and insurer ceasing to collect premiums  
IPTM8065 Updated text about cessation of regular premium payments and reinstatement of lapsed and paid-up policies  
IPTM8070 Updated text about non-payment of premiums  
IPTM8210 Updated text about conversion of a policy to paid-up under the terms of the policy  
IPTM8215 Updated text about non-contractual conversion of a policy to paid-up  
IPTM8420 Updated text about friendly society tax exempt policies, qualifying policy rules and minimum capital sums payable  
IPTM8425 Updated text about friendly society tax exempt policies, qualifying policy rules and premium paying term of the policy  
IPTM9010 Updated text about overseas insurers and reporting rules for company policyholders  
IPTM9110 Updated text about overseas insurers reporting duties of a tax representative for chargeable event certificates for HMRC  
IPTM9160 Updated text about overseas insurers who have been released from the requirement to appoint a tax representative and, for post-5 April 2000 policies and contracts, the certificates to be provided for HMRC  
IPTM9180 Updated text about overseas insurers who have been released from the requirement to appoint a tax representative and, for pre-6 April 2000 policies and contracts, the extent of reporting duties