Life assurance premium relief is abolished in respect of all policies with effect from, broadly, 6 April 2015 (see E1.1300).
The amount of the premiums on which relief is allowable is restricted by reference to an individual's total income, and cannot exceed one-sixth of his total income, or £1,500, whichever is the greater1.
'War insurance premiums' are excluded from this restriction and are defined as meaning:
'any additional premium or other sum paid in order
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Web page updated on 17 Mar 2025 17:40