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Life Assurance Contributions on P60

Royal Mail pension news and discussion.Please note the advise given in this forum is unofficial, please use the links we have for a more detailed response or see an independent financial adviser.
Spedley
Posts: 1209
Joined: 16 Jul 2007, 17:32
Location: Warwickshire

Life Assurance Contributions on P60

Post by Spedley »

Looking at my P60 there is a box for life assurance contributions. Does anyone know what it's all about?
Is there an RM life assurance policy which is tax deductable?
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TrueBlueTerrier
FORUM ADMINISTRATOR
Posts: 72288
Joined: 30 Dec 2006, 10:29
Gender: Male
Location: On my couch

Re: Life Assurance Contributions on P60

Post by TrueBlueTerrier »

there is a technical explanation at http://www.hmrc.gov.uk/manuals/rpsmmanu ... 101225.htm" onclick="window.open(this.href);return false; but in essence I don't think it affects us.
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Lounge Lizard
EX ROYAL MAIL
Posts: 9458
Joined: 06 Aug 2007, 21:54

Re: Life Assurance Contributions on P60

Post by Lounge Lizard »

Most on here don't have a life worth assuring. :sad:
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RobertT
EX ROYAL MAIL
Posts: 6548
Joined: 09 Sep 2007, 14:26
Gender: Male

Re: Life Assurance Contributions on P60

Post by RobertT »

Spedley wrote:Looking at my P60 there is a box for life assurance contributions. Does anyone know what it's all about?
Is there an RM life assurance policy which is tax deductable?
We used to be able to buy life assurance via RM and get tax relief on the deductions in the same way as we get it on regular pension contributions & AVC's, but I don't think they run the scheme anymore apart from maybe for those people who were already paying.
Links to all RM pension related websites are here
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ARTHUR29
Posts: 2
Joined: 16 Mar 2011, 21:17
Gender: Male

Re: Life Assurance Contributions on P60

Post by ARTHUR29 »

Lounge Lizard wrote:Most on here don't have a life worth assuring. :sad:
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