RFIG21620 - Statutory Residence Test (SRT): Temporary non-residence: Chargeable event gains
Where a chargeable event gain arises on a:
- life assurance
- life annuity
- capital redemption policy
when an individual is temporarily non-resident; they will be liable to tax on the gain in the period of their return.
For more details of the policies affected by this charge, see IPTM3300. For detailed guidance on the interaction between chargeable event gains and temporary non-residence see IPTM3734.