Market leading insight for tax experts
View online issue

Insurance Tax Changes in the Finance Bill 2003

Simon Burke Senior Tax Consultant Mark Downey Senior Tax Consultant and Nigel Walters Director all in Ernst & Young's Insurance Tax group write on the Finance Bill 2003
Schedule 33 of the Finance Bill 2003 introduces significant changes to the way that life companies are taxed. Schedules 34 and 35 introduce changes to the taxation of life policies. Before embarking on a review of the principal changes we set out below a short reminder of the basic scheme of taxation of long-term insurance companies. All legislative references are to the Finance Bill unless stated otherwise.
Taxation Of Long-Term Insurance Companies
Companies writing long-term insurance business are subject to corporation tax...

If you or your firm subscribes to, please click the login box below:

If you do not subscribe but are a registered user, please enter your details in the following boxes:

Alternatively, you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Please reach out to customer services at +44 (0) 330 161 1234 or '' for further assistance.