HMRC has published guidance for insurers on how to report chargeable event gains arising from life insurance policies. The guidance covers the reporting requirements for these gains and includes information on annual qualifying policies. This affects insurance providers who must comply with the reporting procedures for chargeable events under UK tax legislation.
Source: HMRC (GOV.UK) – Read the original
HMRC maintains a register of authorised ISA managers that has been in effect since October 2014. The list identifies financial institutions approved to manage ISAs on behalf of UK savers. This guidance enables customers and compliance professionals to verify whether an ISA provider holds the necessary HMRC approval. The register is regularly updated as new managers receive approval or existing approvals change.
Source: HMRC (GOV.UK) – Read the original