CGT for Life Companies


The course will cover Capital Gains Tax (CGT) for Life Companies in depth.  There is an examination of the rules post 1998 for individuals and companies and a brief review of shareholder assets in a group CGT scheme.  The pricing effect resulting from CGT is also illustrated.

The course is very practical with numerous examples.


  • Specialist life tax personnel
  • Pricing staff for funds
  • Accountants in Life companies
  • Auditors of Life companies
  • Actuaries
  • Life Product design specialists
  • Those in the Corporate Life Market and Life Reinsurers


-Basic mechanism for CGT, exemptions and excluded assets

-Pre 65 assets.  Examples.

-Post 65 and 82 pools - introduction of indexation.


-1986 pools and indexation-election for MV adjustment

-1998 and 1999 changes-separation of CGT for individuals

-Partnerships and companies.  Examples.

-Post 1998 matching rules.  Examples.

-Specialist reliefs-rollover, holdover and deferral

-Rules & regulations of CGT for Life companies.

-Unit linked funds CGT rules

-Deemed disposals and year end transfers

-Effects of Finance Act 2004

-Transfers between associates: group companies & fund manager box


-Death and liquidation of life companies. Schedule 2c transfers examples.


-Use of losses (trading and management) 

-Specialist assets: property, pension schemes & Unit Trusts/ OEICS especially within a Unit Linked fund

-Exempt funds - Overseas, IAS, Friendly Society


Todays Date:

Duration 1 day
Available as an in-house course

Investment Education PLC
45 Old Hall Road, Manchester M7 4JF, United Kingdom
Tel:+44 (0)161 832 3800
Registered in England Number 2129160
VAT Registered Number GB 480 2112 85

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