UK Life Policy Taxation

18 December 2024

Introduction to long term care
The background to the long term care problem

11 December 2024

Bond losses and Scottish income tax - an update
HMRC’s updated guidance in its Insurance Policyholder Taxation Manual. regarding deficiency relief, following the introduction of the Scottish advanced rate of income tax. Plus, how deficiency relief works.

28 November 2024

Case study - bonds - what are lives assured and why do we need them?
How important lives assured are under a bond and the consequences of their death

08 November 2024

Chargeable event gains and the confusion with loss of the personal allowance - a case study
How chargeable event gains can reduce availability of the personal allowance

16 October 2024

Bond losses and Scottish income tax
Change to deficiency relief following the introduction of the Scottish advanced rate of income tax. Plus, how deficiency relief works

11 October 2024

Case study - why should clients consider investment bonds as part of their investment portfolio?
With all the different investment vehicles available to clients, how bonds stack up against alternative wrappers. In this case study we are going to take a look at why bonds should be considered as part of your client’s overall investment portfolio

09 October 2024

Case study: should a client top up their existing bond or take out a new bond?
When a client holds bonds as part of their investment portfolio and has more money to invest, whether it is wise to top up an existing bond or whether you should advise them to take out a new bond. All of the things you ought to consider when you are asked this question by your clients

06 September 2024

Case study: bonds, what are excess events and are they always bad for clients?
Bond taxation and partial withdrawals. The consequences of exceeding the 5% cumulative allowance on an onshore bond

14 August 2024

When to use term assurance for IHT planning - a case study
Different types of term assurance and their uses in IHT planning

14 August 2024

Collective investments v insurance products
The tax implications of investment portfolio wrapper choice

23 July 2024

Tax implications for corporate investment
Considerations to take into account when investing corporate funds

18 July 2024

Case study: unit trust or OEIC portfolio feeding ISAs post the reduction in the annual exempt amount
Since the reduction in the annual exempt amount (AEA) for capital gains tax (CGT) it is getting more problematic to feed a clients ISA from unit trusts or OEICs. What else can be used to ensure clients utilise their full £20,000 ISA allowance?

15 July 2024

Charities and single premium investment bonds
Special considerations regarding the suitability of bonds as charitable investments

04 July 2024

Case study - bonds and whether I should recommend an onshore bond or an offshore bond?
How do you decide whether an onshore bond is right for your client compared to an offshore bond?

04 July 2024

UK life policies - chargeable events on part assignments involving co-ownership
Chargeable events on part assignments of life policies

03 July 2024

UK life policies - chargeable events
Chargeable events for life policies

03 July 2024

The person on whom chargeable event gains are assessed to tax
Who pays the tax on a chargeable gain

03 July 2024

Comparison of bonds and units trusts/OEICs - a case study
Should I recommend life assurance bonds or unit trusts/OEICs?

28 June 2024

Case study: alternative wrappers in retirement
Other ways to provide a regular payment stream in retirement as an alternative to the traditional pensions that lots of clients rely on when they retire and why bonds can be a useful part of your client’s portfolio in planning for retirement