Under an employer"™s group life assurance policy, what is the normal tax treatment of the death benefit?
Posted: Tue Mar 08, 2022 1:09 pm
Under an employer"™s group life assurance policy, what is the normal tax treatment of the death benefit?
A. It is liable to Inheritance Tax
B. It is liable to Capital Gains Tax
C. It is liable to Income Tax
D. It is not liable to any form of taxation
A. It is liable to Inheritance Tax
B. It is liable to Capital Gains Tax
C. It is liable to Income Tax
D. It is not liable to any form of taxation