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 485
Disregard of certain events in relation to qualifying policies
Section 485 restricts which events count as chargeable events for qualifying life insurance policies, effectively sheltering many policy proceeds from an income tax charge provided certain conditions are met.
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.