Market leading insight for tax experts
View online issue

PBR 2006: Insurance Companies

Philip Lewis Tax Director from KPMG in the UK gives a personal view on the PBR proposals announced on 6 December 2006 on insurance taxation and the consultation process leading to them
Included in the Pre-Budget Report (PBR) on 6 December 2006 were several PBR Notes on life assurance — one announcing an anti-avoidance measure and four in respect of consultation which had taken place since the late spring. There was also one on general insurance business and one on Lloyd's corporate members.
General Insurance
In the run-up to the last Budget HMRC announced its intention to revise certain elements of the special rules relating to the calculation of technical provisions (insurance liabilities) of general insurers (

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.