Taxation of Lloyd's Underwriters

For many years Taxation of Lloyd's Underwriters has been an essential resource for practitioners looking to guide Lloyd's Names through the fiscal minefield. The twelfth edition contains comprehensive analysis on how the tax regime affects Lloyd's Names, as well as detailing how they can best shelter their profits from tax. This new edition reflects the recent move to limited liability membership and partnerships, and new ways of facilitating the use of losses brought forward against profits, as well as capital gains rollover reliefs. Brought right up-to-date with current practice, the twelfth edition covers: all relevant sections of the Finance Act 2004; the new regime for pension contributions, leading up to the critical date of 5th April 2006; iInheritance tax update; new general insurance reserving provisions following the RITC discounting dispute; coverage of the most recent tax cases and a detailed case study showing how losses can be treated.