Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.
- AI tax research with linked legislation and Finance Act changes
- Commentary, official guidance, publications and training material
- Case law, appeals and tribunal decisions in one place
Income Tax (Trading and Other Income) Act 2005 section 119
Pre-17th March 1998 contract or policy: conditions to be met for contract or policy not to be a personal portfolio bond
Section 119 sets out the conditions that must be satisfied for a life insurance policy or capital redemption contract entered into before 17th March 1998 to avoid being classified as a personal portfolio bond.
Access full legislation.And much more.
By becoming a member, your team gets full access to Tax World research tools and source-backed tax resources.