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Tax & HMRC

FAQs

Is a Relevant Life Policy Payout Subject to Inheritance Tax?

Tax Benefits

Corporation Tax Relief on Relevant Life Policy Premiums

Tax Benefits

The Tax Benefits of a Relevant Life Policy Explained

Tax Benefits

How Much Tax Does a Relevant Life Policy Save?

This website is for information only and does not constitute financial advice. To find out whether a relevant life policy is right for your circumstances, speak to a qualified financial adviser. Relevantlifepolicy.com is a trading style of NeedingAdvice.co.uk Ltd, registered in England & Wales No. 12978572. Registered Address: 107-109 Far Bank, Shelley, Huddersfield, United Kingdom, HD8 8HT. NeedingAdvice.co.uk Ltd is an Appointed Representative of Rosemount Financial Solutions (IFA) Ltd, authorised and regulated by the Financial Conduct Authority (FCA), entered on the FCA Register under reference 938312. The information contained within this website is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.

A relevant life policy is a form of life insurance and typically has no cash-in value at any time; cover will cease at the end of the policy term. If premiums are not maintained, the policy will lapse and cover will be lost. Tax treatment depends on individual circumstances and may change in the future. Where a mortgage or any borrowing secured against your home is discussed, please note: your home may be repossessed if you do not keep up repayments on a mortgage or other loan secured on it.