Event Paper: Transitional Measure on Technical Provisions IFoA Working Party

Andy Rogan

Susan Morgan

November 2017

  • What is the TMTP?
  • Why do firms have a TMTP?
  • How is the TMTP calculated?
  • How to recalculate the TMTP
  • Recent Changes






Event Paper: Life conference Tax workshop

– November 23rd 2017

Winds of change 

• Is the tax regime keeping pace with the change which has been sweeping through the life sector in the UK? 

• IFRS 17 – will it be a tsunami for tax, or a gentle wave? • Mainstream tax change can also have unexpected outcomes (2 case studies): 

- A problem of understanding the business model 

– interest rules; and 

- A problem of understanding the regulatory position 

– loss restriction rules. 

• What to watch? Personal taxes.