⚡ [Flash News] ⚡ 𝐒𝐰𝐞𝐝𝐞𝐧 𝐮𝐩𝐝𝐚𝐭𝐞: 𝐄𝐟𝐟𝐞𝐜𝐭𝐢𝐯𝐞 𝐲𝐢𝐞𝐥𝐝 𝐭𝐚𝐱 𝐟𝐨𝐫 𝟐𝟎𝟐𝟓 – 𝟎.𝟖𝟗% 📢 As a result of lower interest rates in 2024, the yield tax for income year 2025 has decreased compared to the previous year. 📌 The effective yield tax for life insurance policies amounts to 0.89% of the value of the life insurance policy as of 1 January 2025 ✔ With a more attractive level of taxation, the added succession and portability planning opportunities and ease of administration, 𝐥𝐢𝐟𝐞 𝐢𝐧𝐬𝐮𝐫𝐚𝐧𝐜𝐞 𝐩𝐨𝐥𝐢𝐜𝐢𝐞𝐬 𝐜𝐨𝐧𝐭𝐢𝐧𝐮𝐞 𝐭𝐨 𝐛𝐞 𝐚 𝐯𝐞𝐫𝐲 𝐚𝐭𝐭𝐫𝐚𝐜𝐭𝐢𝐯𝐞 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐯𝐞𝐡𝐢𝐜𝐥𝐞. 👉 You can read our note here: https://lnkd.in/esnEnXMP cc Madelene Gorbutt, Rikard Havander, Isabel Westerlund, Joanna Strandström, Margit Reinertsen, Roberth Josefsson #LombardInternationalAssurance #LifeInsurance #ProtectPreservePassOn #MakingLegacyCount
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Understanding the tax implications of UK life insurance policies as a UK or non-UK resident. Stay informed to decide with the least tax impact. https://lnkd.in/em3nuDE7 #ClearHouseAccountants #UKTax #LifeInsurance #NonUKResidents #Taxation #FinancialPlanning #GlobalFinance
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Understanding the tax implications of UK life insurance policies as a UK or non-UK resident. Stay informed to decide with the least tax impact. https://lnkd.in/em3nuDE7 #ClearHouseAccountants #UKTax #LifeInsurance #NonUKResidents #Taxation #FinancialPlanning #GlobalFinance
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Understanding the tax implications of UK life insurance policies as a UK or non-UK resident. Stay informed to decide with the least tax impact. https://lnkd.in/em3nuDE7 #ClearHouseAccountants #UKTax #LifeInsurance #NonUKResidents #Taxation #FinancialPlanning #GlobalFinance
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How to Optimize Tax Efficiency with Split Dollar Life Insurance Learn how split dollar life insurance arrangements offer unique tax advantages by sharing premium costs and benefits between employers and employees. This blog explains the differences between the loan regime and the economic benefit regime, detailing strategies for switching regimes to minimize taxes. Through case studies and examples, discover how to leverage these arrangements for optimal tax efficiency, while understanding the importance of proper documentation and annual reviews to avoid IRS scrutiny. For more details, read the full blog here: https://cstu.io/331e1a #TaxPlanning #TaxEfficiency #FinancialPlanning #InsuranceStrategies #SplitDollarLifeInsurance #WealthManagement #EstatePlanning #BusinessPlanning #FinancialAdvisors #GuardianTaxConsultants
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