| Revision as of 08:07, 10 March 2006 editProveIt (talk | contribs)Extended confirmed users55,408 editsm moved LAPR to Life Assurance Premium Relief: full name← Previous edit | Revision as of 17:12, 3 September 2006 edit undoCmdrObot (talk | contribs)339,230 editsm sp: Qualifing→QualifyingNext edit → | ||
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| It is a tax break given at source, solely applicable to life assurance policies comencing prior to ] ]. It allows tax relief on 15% on the premiums paid for long term insurance policies where the policy qualifies. | It is a tax break given at source, solely applicable to life assurance policies comencing prior to ] ]. It allows tax relief on 15% on the premiums paid for long term insurance policies where the policy qualifies. | ||
| Qualifying policies are those where the term is for more than ten years and where they have been enhanced or extended after March 13th, 1984. | |||
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Revision as of 17:12, 3 September 2006
Life Assurance Premium Relief (LAPR) is a United Kingdom taxation rule.
It is a tax break given at source, solely applicable to life assurance policies comencing prior to March 13 1984. It allows tax relief on 15% on the premiums paid for long term insurance policies where the policy qualifies.
Qualifying policies are those where the term is for more than ten years and where they have been enhanced or extended after March 13th, 1984.
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