http://www.legislation.gov.uk/uksi/2012/3008/contents/made

The Friendly Societies (Modifications of the Tax Acts) Regulations 2012

Corporation tax

Friendly societies

Tax

Life insurance

Business finance

en

King's Printer of Acts of Parliament

2018-03-02

CORPORATION TAX

Parts 2 and 3 of the Finance Act 2012 (c. 14) (“FA 2012”) established a new regime for the taxation of insurance companies and friendly societies. As from 1st January 2013 the starting point for the calculation of the trading profits of insurance companies and friendly societies will be the statutory company accounts, rather than the regulatory return.