This is an old revision of this page, as edited by Jguk (talk | contribs) at 10:59, 14 January 2007 (moved Life Assurance Premium Relief to Life assurance premium relief). The present address (URL) is a permanent link to this revision, which may differ significantly from the current revision.
Revision as of 10:59, 14 January 2007 by Jguk (talk | contribs) (moved Life Assurance Premium Relief to Life assurance premium relief)(diff) ← Previous revision | Latest revision (diff) | Newer revision → (diff)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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