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Posted Thu, 03 Oct 2024 13:23:56 GMT by myjuk1229
I have bought a Hong Kong annuity plan (PRURetirement Deferred Annuity Plan) with monthly payout for the next 20 years. How to calculate the tax? Is the 5% rule applicable? Thanks for reply
Posted Fri, 11 Oct 2024 09:15:53 GMT by HMRC Admin 20 Response
Hi,
Please refer to guidance at:- HS321 Gains on foreign life insurance policies (2024)
Thank you.

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