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Posted Wed, 11 Dec 2024 02:03:36 GMT by KF@2023
Dear HMRC, I bought a target saving insurance policy in HK years ago. It is now matured and I am entitled to a receive a monthly amount, (USD1000 each month) as maturity benefit. Since the benefit paid out is a lumpsum amount (principal+interest). Pls kindly advise how I should report my tax return. Thanks
Posted Tue, 17 Dec 2024 14:01:20 GMT by HMRC Admin 19 Response
Hi,
You can see guidance here:
HS321 Gains on foreign life insurance policies (2024)
Thank you.

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