Individual policyholder funds with assessed losses face higher tax bill
How the limitation on setting off assessed losses against taxable income affects life insurers and policyholders.
The applicant only became aware in May last year that the decision to debar her constituted administrative action.
Read moreHow the limitation on setting off assessed losses against taxable income affects life insurers and policyholders.
The limitation on companies setting off any assessed losses against taxable income is about to hit home. Companies that are making a loss will have to find the cash to pay tax on […]