TSEM4520 - Settlements legislation: certificate under S538 ITTOIA

The rights under a life policy can be held in trust. Gains arising on the policy may be attributed to the settlor. This can create additional tax liability on the settlor. He can recover this tax from the trustees. To do so the settlor may require a certificate confirming the amount of tax recoverable.

Send requests for certification to CT & VAT (Technical) Insurance Group.