GIM6500 - Technical provisions: Schedule 11 FA2007

This section of the Chapter on technical provisions gives guidance on the tax treatment of technical provisions under FA07/SCH11, namely for accounting periods ending on or after 19 July 2007. The rules governing the ‘appropriate amount’ (GIM6600+) broadly apply for 2009 onwards.

1. GIM6510

   Schedule 11 FA2007: background (including commencement date)
2. GIM6520

   Schedule 11 FA2007: definitions
3. GIM6530

   Schedule 11 FA2007: paragraph 1: restriction on amount of technical provisions
4. GIM6540

   Schedule 11 FA2007: paragraph 2: enforcement: introduction and restrictions on use
5. GIM6550

   Schedule 11 FA2007: paragraph 2: enforcement: scope and procedural issues
6. GIM6560

   Schedule 11 FA2007: paragraph 2: enforcement: person to prepare report
7. GIM6570

   Schedule 11 FA2007: paragraph 2: enforcement: appeal against issue of a notice
8. GIM6580

   Schedule 11 FA2007: paragraph 2: enforcement: penalties for failure to comply with a notice
9. GIM6590

   Schedule 11 FA2007: procedure following production of a report
10. GIM6600

    Appropriate amount Regulations: background
11. GIM6610

    Appropriate amount Regulations: the main rule
12. GIM6620

    Appropriate amount Regulations: the alternative rule
13. GIM6630

    Appropriate amount Regulations: conditions applicable to both rules
14. GIM6640

    Appropriate amount Regulations: enquiries: background
15. GIM6650

    Appropriate amount Regulations: enquiries: risk assessment
16. GIM6660

    Appropriate amount Regulations: enquiries: risk assessment: identifying outliers
17. GIM6670

    Appropriate amount Regulations: enquiries: risk assessment: group regulatory return