Part surrenders and part assignments of life insurance policies
A consultation on possible alternatives to the current tax rules for part surrenders and part assignments of life insurance policies.
Opened
20 Apr 2016
Closed
13 Jul 2016
▤ Verbatim text from source document
As announced at Budget 2016, the government will change the current rules for part surrenders and part assignments of life insurance policies to prevent excessive tax charges arising on these products.
This consultation invites views on possible alternatives and sets out, in detail, three options for change.