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Life insurance tax reduction


Jackie
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In the past we have been able to claim a tax reduction for life insurance premiums paid. On form 2042 this year the box marked GW (avant le 20.9.95) on page 4, seems to have gone. Does this mean we cannot claim for policies taken out before this date or if we can where do we now put it?...........I hate this time of year!.........John not Jackie
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  • 2 weeks later...

Just to answer my own question and in case anyone else is in the same boat I received the following response to my query from the following: [email protected]  and who will respond to emails in English and seem to be very helpful. They also have an English version of 2042 which I have asked for. (See posting about 2042)..........John

last year box GW = part of saving on endowment life assurance policy

this year the conditions of the tax reduction have changed

box GY = save as GW but the contracts have to be concluded between the 01.01.1996 and 04.09.1996
in other condition there is no tax reduction

I suspect that concluded means started in this case!

 

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