BIM45500 - Specific deductions: insurance: contents

This chapter contains the following:

BIM45501Fixed assets
BIM45505Trading stock and debts
BIM45510Loss of profits
BIM45515Professional negligence
BIM45520Employee indemnity
BIM45525Employees and other key persons
BIM45530Key persons: non-trade purposes
BIM45560Own health policies and own insurance funds
BIM45565Locum and fixed overheads
BIM45570Locum and fixed overheads: change of practice
BIM45575Customers
BIM45580Export Credit Guarantee scheme
BIM45585War risks
BIM45590Premiums paid to mutual concerns
BIM45595Premium tax

The cost of fee protection insurance is not allowable when the risks covered include the cost of negotiating additional tax liabilities resulting from negligent or fraudulent conduct, see BIM46452.

Guidance on insurance receipts is at BIM40750 onwards.