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Contents

Official guidance
Insurance Policyholder Taxation Manual

IPTM7005 · Scope of chargeable events legislation

  • IPTM7010 · Scope of legislation: general: ITTOIA05/S473
  • IPTM7015 · Scope: group life policies: what constitutes a group life policy?
  • IPTM7020 · Scope: group life policies: tax legislation: ITTOIA05/S480 to S482
  • IPTM7025 · Exceptions: group life policies: conditions about when benefits may be paid and how they are calculated: ITTOIA05/S481
  • IPTM7030 · Exceptions: group life policies: conditions about permitted benefits: ITTOIA05/S481
  • IPTM7035 · Exceptions: group life policies: conditions about nature of persons intended to benefit: ITTOIA05/S482
  • IPTM7040 · Exceptions: group life policies: conditions about policies held on trust and an anti-avoidance condition: ITTOIA05/S482
  • IPTM7045 · Exceptions: group life policies: pre-9 April 2003 policies: ITTOIA05/SCH2/PARA116
  • IPTM7050 · Exceptions: group life policies: credit union loan protection policies: ITTOIA05/S483
  • IPTM7055 · Exceptions: mortgage protection policies: ITTOIA05/S478
  • IPTM7060 · Exceptions: pension policies: ITTOIA05/S479
  • IPTM7065 · Exceptions: certain life annuities: ITTOIA05/S718
  • IPTM7070 · Exceptions: pre-14 March 1989 policies and contracts owned by a company: ITTOIA05/SCH2/PARA107
  • IPTM7075 · Exceptions: pre-20 March 1968 policies and contracts: ITTOIA05/SCH2/PARA96
  • IPTM7080 · Variations which increase the benefits secured or extend the term
  • IPTM7085 · Variations which do not increase the benefits secured or extend the term
  1. Scope of chargeable events legislation: contents
  2. Exceptions: group life policies: credit union loan protection policies: ITTOIA05/S483

IPTM7050 | Exceptions: group life policies: credit union loan protection policies: ITTOIA05/S483

From HM Revenue & Customs · Insurance Policyholder Taxation Manual

There is also a specific exclusion from the chargeable event rules for group life policies with the sole object of providing a sum on the death or disability of an individual to meet the outstanding amount of a loan which that individual has taken from a registered credit union.

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