VAT deductibility for life insurance companies

This section deals with Value-Added Tax (VAT) deductibility for life insurance companies. 

Life insurance companies can provide pure life insurance products in addition to savings products. It is important that life insurance companies consider the Value-Added Tax (VAT) deductibility implications for both:

  • insurance income
  • and
  • savings and investment products

For detailed information on VAT deductibility for life insurance companies, please see Further guidance.