GENERAL OUTLINE OF THE PROVISION OF THIS PART OF THIS SCHEDULE

Related HMRC Manuals

1(1)  This Part of this Schedule makes provision, by reference to the 2012 balance sheet and the 2012 periodical return of an insurance company (see paragraphs 2 to 4), for deeming amounts to be receipts or expenses of basic life assurance and general annuity business, or non-BLAGAB long-term business, carried on by the company (see paragraphs 9(1) and (2) and 10(1) and (2)).

1(2)  Those amounts are determined in accordance with provision made by or under paragraphs 5 to 8.

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