Policy paper

Changes to Top Slicing Relief on life insurance policy gains from 11 March 2020

This measure amends the rules for working out Top Slicing Relief on life insurance policy gains.

Documents

Draft legislation

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Explanatory note

Request an accessible format.
If you use assistive technology (such as a screen reader) and need a version of this document in a more accessible format, please email different.format@hmrc.gov.uk. Please tell us what format you need. It will help us if you say what assistive technology you use.

Details

Top Slicing Relief legislation has been amended to clarify the position on the ordering of reliefs and allowances. The measure also allows reduced personal allowances to be reinstated for the Top Slicing Relief calculation.

Updates to this page

Published 11 March 2020

Sign up for emails or print this page