Events listed in Finance Act 2012
The Insurance Companies (“The Long-term Business Fixed Capital”) Regulations 2023
ID 25879
The Insurance Companies (“The Long-term Business Fixed Capital”) Regulations 2023 (SI 2023/1236) were published on legislation.gov.uk, the official UK website for the publication of legal government documents. The new regulations specify the definition of „structural assets“ held by insurers that are part of their long-term business and capital base. Structural assets are excluded from the typical (trading) tax that arises when the value of ...