Relevant life calculator
How much could a relevant life policy save your clients?
This calculator allows you to show your clients the difference in the gross cost of providing their life cover through a relevant life policy taken out by their employer compared to a policy they would take out themselves.
All you need to do is enter the premium and relevant tax rates and the calculator will provide the net costs.
This information is based on our present understanding of current law and HM Revenue & Customs practice for the tax year 2023/24. It may be affected by future changes and individual circumstances. Rates correct as at 4 May 2023.