Summary
This manual provides guidance on the corporation tax treatment of insurance companies writing life assurance and other long-term insurance business. The guidance relates to the life tax regime introduced in Finance Act 2012 effective from 1 January 2013.
Contents
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LAM01000Introduction and long-term insurance business overview: contents
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LAM02000I-E Overview: Contents
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LAM03000Calculation of 'I' Income and chargeable gains: Contents
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LAM04000Calculating ‘E’ adjusted BLAGAB management expenses: Contents
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LAM05000Apportionment rules: Contents
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LAM06000I-E Profit: Calculation of the tax charge: Contents
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LAM07000Trade Profits: contents
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LAM08000Full example computation: contents
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LAM09000Double Tax Relief: contents
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LAM10000Reinsurance: Contents
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LAM11000Long-term Business Fixed Capital: contents
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LAM12000International and cross border: contents
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LAM13000Transfer of long-term business: Contents
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LAM14000Finance Act 2012 Transitional Provisions: contents
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LAM15000Excess expenses, losses and deficits
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LAM16000IFRS 17 Transitional Provisions
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LAM17000Friendly Societies