Chapter TCTM04905B

Published date19 March 2016
Record NumberTCTM04905B
Payments made under a credit insurance policy The Tax Credits (Definition and Calculation of Income) Regulations 2002,Reg.19, Table 8, Item 5.

Disregard any payment under an insurance policy taken out to insure against the risk of being unable to maintain the repayments-

  • on a loan which is secured on the house which the claimant occupies as their home; or
  • under a regulated agreement or hire purchase agreement or conditional sale agreement.

But only to the extent that the payment...

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