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Life Assurance

Volume 13: debated on Monday 16 November 1981

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asked the Chancellor of the Exchequer (1) if he has any plans to withdraw life assurance tax relief from policies containing a guaranteed surrender value;(2) if he has any plans to withdraw life assurance tax relief from bond contracts linked to building society investments;(3) if he has any plans to extend the clawback period from four years in respect of guaranteed income bonds on which life assurance tax relief is claimed.

[pursuant to his reply, 13 November 1981]: We are keeping these and other aspects of the life assurance relief under review.