Guidance

Gains on foreign life insurance policies (Self Assessment helpsheet HS321)

Find out how to calculate gains on foreign life insurance policies and make entries on your tax return.

From:
HM Revenue & Customs
Published
4 July 2014
Last updated
64 AprilAugust 2023 — See all updates

Documents

HS321 Gains on foreign life insurance policies (2023)

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HS321 Gains on foreign life insurance policies (2022)

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HS321 Gains on foreign life insurance policies (2021)

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HS321 Gains on foreign life insurance policies (2020)

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Details

This guide explains gains on foreign life insurance policies. It covers:

  • the types of policies
  • whose gain it is
  • how to make entries on your tax return
  • how to calculate the gain
Published 4 July 2014
Last updated 64 AprilAugust 2023 + show all updates

  1. The 2023 helpsheet has been updated with further guidance about when and how to report a gain.

  2. The helpsheet for tax year 2022 to 2023 has been added, and the version for tax year 2018 to 2019 has been removed.

  3. The helpsheet for tax year 2021 to 2022 has been added, and the versions for tax years 2016 to 2018 have been removed.

  4. Guidance has been updated to include HS321 Gains on foreign life insurance policies (2021).

  5. Helpsheet added for the tax year 2019 to 2020.

  6. The helpsheet has been added for the tax year 2018 to 2019.

  7. The helpsheet has been added for the tax year 2017 to 2018.

  8. The helpsheet has been added for the tax year 2016 to 2017.

  9. Rates, allowances and duties have been updated for the tax year 2016 to 2017.

  10. Rates, allowances and duties have been updated for the tax year 2015 to 2016.

  11. First published.