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UHY Ross Brooke Chartered Accountants

Tag: Life assurance

tax law top slicing relief

Might you have paid too much tax?

HMRC has lost a recent case in respect of how it calculates the tax due on life assurance gains- the profits accrued over many years of owning a life assurance investment policy, which is later encashed. It was always understood, by tax advisers and financial advisers alike, that a relief,

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