Income Tax (Trading and Other Income) Act 2005 section 739

Conditions to be met by policies also providing other benefits

Section 739 sets out the conditions that must be met where an insurance policy provides benefits that go beyond just health or employment risk cover, to prevent abuse of the tax exemption for health and employment insurance payments.

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.