If, (by definition), a professional business has ceased trading, but which necessitates run-off PI premiums continuing to be payable (perhaps for 6 years), can/how is any tax relief obtained? Is the situation different if trading through a company that might otherwise no longer be required and an application desirable for it to be struck off? Would a requirement for premiums to be paid prevent an application for a strike-off being an option.
23rd Apr 2021
2
Can tax relief be claimed for run-off insurance
How do I claim tax relief for PI run-off insurance premiums paid after cessation