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Chargeable event gains – income tax calculator

Chargeable event gains – income tax calculator

The income tax calculator calculates the income tax payable after available reliefs, for one or more chargeable event gains on a life or redemption policy. It can’t be used where the gain is assessable on trustees, or where a company owns the investment, because life and redemption contracts owned by a company are taxed under the ‘loan relationship’ rules.

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Next steps

Need to calculate the chargeable event gain?

Access our chargeable event gain calculator.

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Additional material

We’ve broken down the complex subject of chargeable events into, easy to digest, quick reference guides. These guides cover the need-to-know facts and provide examples of the method.

View the reference guides