UK Life Policy Taxation

11 June 2026

Losses on single premium investment bonds
How deficiency relief works

10 June 2026

Using pension contributions to reduce bond tax - a case study
Tax on chargeable event gains. How a pension payment, in certain cases, can reduce or eliminate the tax charge on a chargeable event gain

08 June 2026

Investment bonds: calculating the tax on a chargeable event gain
The full six-step HMRC method to ensure that the correct tax liability (and top-slicing relief) is calculated. Here, we set out the process and include a suggested pro forma for 2025/26 and 2026/27

03 June 2026

Personal portfolio bonds - UK life policies
The legislation on personal portfolio bonds

02 June 2026

Chargeable events under single premium bonds and death
The chargeable event and IHT position on death in relation to single premium life assurance bonds

02 June 2026

UK life policies - chargeable events
Chargeable events for life policies

19 May 2026

Top 5 Links - loan trusts
Loan trusts

14 May 2026

Taxation of trust income - anti-avoidance provisions, etc.
Anti-avoidance provisions and other miscellaneous provisions related to taxation of trust income

08 May 2026

Bonds as trustee investments - a quick guide
Special considerations of bonds and trusts

06 April 2026

Absolute/Bare Discounted Gift Trust - assessment of chargeable event gains
Where a bond is held subject to an absolute discounted gift trust, are chargeable event gains assessed on the settlor or the beneficiaries or both, and in what circumstances?

01 April 2026

Back to back
Back to back. The purchase of an annuity results in an immediate reduction in the estate for IHT. However, in this period of low and seemingly stable interest rates they may require closer consideration before use

26 March 2026

Onshore Bonds: a great home for dividends
Onshore bond tax effectiveness for equity income funds

25 March 2026

A reminder of forthcoming changes to tax rates impacting savings, collectives and investment bonds
The differing consequences for individual taxpayers of the increases in dividend tax rates and savings tax rates for wrapper returns

23 March 2026

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

13 March 2026

Non-UK life policies - chargeable events
Chargeable events for international (offshore) life policies

10 March 2026

Top 5 Links - Investment Bonds, Chargeable Event Gains and tax calculations
Investment Bonds, Chargeable Event Gains and tax calculations

10 March 2026

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

06 March 2026

Time apportionment relief
How the tax is calculated when a person liable for the payment of tax on a chargeable event gain has had a period of tax residence outside the UK while their policy has been in force

18 February 2026

Corporate investment - what you need to know
The special rules applicable to companies when they invest into investment bonds, Unit Trusts or Open Ended Investment Companies (OEICs)

05 February 2026

Taxation of trusts and trustee investment strategies
Trust taxation and its impacts on investment strategies of trustees

03 February 2026

IHT implications of life policy trusts where the settlor cannot benefit
IHT implications of life policy trusts where the settlor cannot benefit, excluding business trusts, reversionary trusts, carve-out trusts and any special inheritance trusts

26 January 2026

Chargeable event gains - recalculating a wholly disproportionate gain
Recalculating a wholly disproportionate gain on a �just and reasonable� basis

30 December 2025

Joint life first death policies
An extract from correspondence in 2004 with HMRC on the subject of joint life first death policies. The principles discovered still hold good