{ "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008", "json_url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008.json", "id": "uksi/2008/2679", "title": "The Insurance Companies (Reserves) (Tax) (Amendment) Regulations 2008", "short_title": "Insurance Companies (Reserves) (Tax) 2008", "long_title": "These Regulations amend the Insurance Companies (Reserves) (Tax) Regulations 1996 (S.I. 1996/2991) (“the principal Regulations”). The principal Regulations provide for the taxation of two different types of equalisation reserve which are required to be maintained by insurance companies. The amendments are in consequence of the Finance Act 2003, the Commissioners for Revenue and Customs Act 2005 (s. 11) (“CRCA 2005”), the Companies Act 2006 (c. 46) and as a result of changes to the Statement of Recommended Practice on Accounting for Insurance Business, the Financial Services Authority Sourcebooks and the way UK GAAP is applied to insurance companies.", "citation": "S.I. 2008/2679", "type": "uksi", "year": "2008", "number": "2679", "version": "current", "date": "2008-10-09", "revised": false, "valid_from": null, "extent": null, "unapplied_effects": 0, "provisions": [ { "path": "introduction", "kind": "introduction", "number": null, "heading": "Introductory text", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/introduction", "extent": null, "status": null, "parent": null }, { "path": "regulation/1", "kind": "regulation", "number": "1", "heading": "Citation, commencement and effect", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-1", "extent": null, "status": null, "parent": null }, { "path": "regulation/2", "kind": "regulation", "number": "2", "heading": "Amendment to the Insurance Companies (Reserves) (Tax) Regulations 1996", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-2", "extent": null, "status": null, "parent": null }, { "path": "regulation/3", "kind": "regulation", "number": "3", "heading": "Amendments of regulation 2 (interpretation)", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-3", "extent": null, "status": null, "parent": null }, { "path": "regulation/4", "kind": "regulation", "number": "4", "heading": "Omission of regulation 5 (non-annual accounts: tax returns prepared on an annual basis)", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-4", "extent": null, "status": null, "parent": null }, { "path": "regulation/5", "kind": "regulation", "number": "5", "heading": "Amendment of regulation 7 (EEA firms and Treaty firms)", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-5", "extent": null, "status": null, "parent": null }, { "path": "regulation/6", "kind": "regulation", "number": "6", "heading": "Amendment of regulation 8A (certain insurance business carried on outside the United Kingdom by a controlled foreign company – non-annual accounts but returns prepared on an annual basis)", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-6", "extent": null, "status": null, "parent": null }, { "path": "regulation/7", "kind": "regulation", "number": "7", "heading": "Amendment of regulation 8B (disapplication of regulations 8 and 8A where controlled foreign company prepares non-annual accounts and final replacement of the technical provision does not take place in conformity with the Companies Act)", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-7", "extent": null, "status": null, "parent": null }, { "path": "regulation/8", "kind": "regulation", "number": "8", "heading": "Amendment of regulation 9 (United Kingdom branches of companies not resident in the United Kingdom which maintain equalisation reserves by virtue of equalisation reserves rules)", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-8", "extent": null, "status": null, "parent": null }, { "path": "regulation/9", "kind": "regulation", "number": "9", "heading": "Amendment of regulation 10 (double taxation relief)", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-9", "extent": null, "status": null, "parent": null }, { "path": "regulation/10", "kind": "regulation", "number": "10", "heading": "Amendment of regulation 14 (application of provisions contained in Part 2 of these Regulations)", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/regulation-10", "extent": null, "status": null, "parent": null }, { "path": "signature", "kind": "signature", "number": null, "heading": "Signature", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/signature", "extent": null, "status": null, "parent": null }, { "path": "note", "kind": "note", "number": null, "heading": "Explanatory note", "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/note", "extent": null, "status": null, "parent": null } ], "has_text": true, "pdfs": [ { "title": "Printed copy", "main": true, "language": null, "date": "2008-10-14", "size": null, "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/pdf/uksi_20082679_en.pdf", "source_url": "https://www.legislation.gov.uk/uksi/2008/2679/pdfs/uksi_20082679_en.pdf" }, { "title": "Explanatory Memorandum", "main": false, "language": null, "date": "2008-10-14", "size": null, "url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/pdf/uksiem_20082679_en.pdf", "source_url": "https://www.legislation.gov.uk/uksi/2008/2679/pdfs/uksiem_20082679_en.pdf" } ], "outstanding_effects": [], "made_under": [ { "id": "ukpga/1988/1", "title": "Income and Corporation Taxes Act 1988", "url": "https://openlegislation.uk/income-and-corporation-taxes-act-1988", "provisions": [ "section/444BB", "section/444BC", "section/444BD" ] } ], "changes_made_to": 0, "changes_made_to_url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/changes.json", "changes_made_by": 6, "changes_made_by_url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/changes/by-it.json", "instruments_made_under": 0, "instruments_made_under_url": "https://openlegislation.uk/insurance-companies-reserves-tax-amendment-regulations-2008/instruments.json", "provenance": { "source": "legislation.gov.uk", "source_url": "https://www.legislation.gov.uk/uksi/2008/2679", "retrieved_at": "2026-10-29T03:23:34.308412+00:00" }, "licence": "Open Government Licence v3.0", "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/", "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives." }