E1.543 Exemption For Part Of Purchased Life Annuity Payments

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Commentary

Personal and employment tax

E1.543 Exemption for part of purchased life annuity payments

Purchased life annuities commercial partly represent a return of capital. This is reflected in the tax treatment¹.

The annuity

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D6.503 International movement of capital—reportable transactions and events

B6.749 ATED—property developers

I7.333A Companies and replacement APR property

I4.142A Liabilities which are not discharged out of the estate

B3.340A Hire purchase of plant and machinery and similar contracts

B4.130 Summary of OECD guidelines on arm's length principle

I7.504 Designation for the conditional exemption

C3.1814A CGT exempt assets—qualifying corporate bonds (QCB)

E4.11120 Additional annual returns by employers—overview

D7.1140 Methods of leaving the REIT regime

A4.557 Late filing penalties—company tax returns

E8.271 Liability for Class 1A contributions

E8.811 National Insurance number—refusal of application

C2.1231 Leases—deemed premiums

B8.210 Restrictions on sideways loss relief

I7.120A BPR and excepted assets

D3.410 Benefits provided by close companies to participators

D1.1061 Substantial shareholding exemption—interaction with other reliefs

I5.1212 Protector of a foreign trust

C2.106 Deferred and contingent consideration on disposals

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E1.543 Exemption for part of purchased life annuity payments

Personal and employment tax

E1.543 Exemption for part of purchased life annuity payments

D6.503 International movement of capital—reportable transactions and events

B6.749 ATED—property developers

I7.333A Companies and replacement APR property

I4.142A Liabilities which are not discharged out of the estate

B3.340A Hire purchase of plant and machinery and similar contracts

B4.130 Summary of OECD guidelines on arm's length principle

I7.504 Designation for the conditional exemption

C3.1814A CGT exempt assets—qualifying corporate bonds (QCB)

E4.11120 Additional annual returns by employers—overview

D7.1140 Methods of leaving the REIT regime

A4.557 Late filing penalties—company tax returns

E8.271 Liability for Class 1A contributions

E8.811 National Insurance number—refusal of application

C2.1231 Leases—deemed premiums

B8.210 Restrictions on sideways loss relief

I7.120A BPR and excepted assets

D3.410 Benefits provided by close companies to participators

D1.1061 Substantial shareholding exemption—interaction with other reliefs

I5.1212 Protector of a foreign trust

C2.106 Deferred and contingent consideration on disposals

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E1.543 Exemption for part of purchased life annuity payments

Personal and employment tax

E1.543 Exemption for part of purchased life annuity payments

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