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Home / Simons-Taxes /Personal and employment tax /Part E1 Income tax /Division E1.13 Life assurance premium relief /Policies on which relief is due / E1.1322 Friendly society policies
Commentary

E1.1322 Friendly society policies

Personal and employment tax

Life assurance premium relief is abolished in respect of all policies with effect from, broadly, 6 April 2015 (see E1.1300).

A policy issued by a friendly society, or branch of a friendly society, in the course of its exempt BLAGAB (basic life assurance and general annuity business) or eligible PHI business (for accounting periods beginning before 1 January 2013, tax exempt life or endowment business)1 is always a qualifying

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