{"id":65912,"date":"2012-04-18T12:30:02","date_gmt":"2012-04-18T05:30:02","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-my-failing-endowment-be-taxed\/"},"modified":"2017-09-09T11:31:41","modified_gmt":"2017-09-09T04:31:41","slug":"will-my-failing-endowment-be-taxed","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-my-failing-endowment-be-taxed\/","title":{"rendered":"Will my failing endowment be taxed?"},"content":{"rendered":"<p>&#013;<br \/>\nQ My endowment policy matures in 2013. It is no longer connected to my mortgage \u2013 thank goodness, as there&#8217;s a massive shortfall \u2013 so will the proceeds be subject to tax? I am a higher rate tax payer and am concerned that not only did this policy fall short to the tune of \u00a350,000, but adding insult to injury I&#8217;ll have to pay tax on what little I do get. JLA You will be pleased to hear that no, you won&#8217;t face a tax bill on the proceeds when your policy matures. The kind of regular premium endowment policies that used to be sold to back interest-only mortgages come under the heading of &#8220;qualifying&#8221; policies. Continue reading&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : theguardian.com&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.theguardian.com\/money\/2012\/apr\/18\/failing-endowment-taxed\" target=\"_blank\">Will my failing endowment be taxed?<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Q My endowment policy matures in 2013. It is no longer connected to my mortgage&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-65912","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-h96","jetpack-related-posts":[{"id":73509,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/what-happens-to-the-money-from-old-endowment-policies\/","url_meta":{"origin":65912,"position":0},"title":"What happens to the money from old endowment policies?","date":"January 29, 2014","format":false,"excerpt":"\r We have continued to pay the monthly premiums despite not needing the policies to pay off our mortgageQ My wife and I have four endowment polices which we took out with our first four mortgages back in the early 1980s. When it became apparent these were not going to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10920,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/does-my-former-partner-have-a-share-in-this-endowment\/","url_meta":{"origin":65912,"position":1},"title":"Does my former partner have a share in this endowment?","date":"July 30, 2011","format":false,"excerpt":"\r I have paid all the premiums, but the policy is in both our names and he refuses to assign his share to meAs soon as I bought a house, 18 years ago, my then partner moved in. The property was in my sole name, as was the mortgage, although\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":66470,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/prudential-issues-endowment-cut-off\/","url_meta":{"origin":65912,"position":2},"title":"Prudential issues endowment cut-off","date":"May 9, 2006","format":false,"excerpt":"\r Prudential will introduce a six-month deadline for customers wanting to complain about mis-sold endowment policies, it announced today. The time limit will cover Prudential and Scottish Amicable policies that are at a high risk of maturing with a shortfall. Continue reading...\r \r Source : theguardian.com\r Read more...Prudential issues endowment\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":129976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/should-i-cash-in-my-endowment-and-pay-off-my-41000-interest-only-mortgage\/","url_meta":{"origin":65912,"position":3},"title":"Should I cash in my endowment and pay off my \u00a341,000 interest-only mortgage?","date":"September 26, 2022","format":false,"excerpt":"\r I could use the \u00a3200 a month to overpay on my repayment mortgageQ My endowment is due to mature next year in September. It is a nonprofit policy, so there is no bonus for letting it mature.The endowment is currently valued at about \u00a351,000, which is about \u00a310,000 more\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":150136,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/fathers-endowment-campaign-raised-1bn-in-ramadan\/","url_meta":{"origin":65912,"position":4},"title":"Fathers\u2019 Endowment campaign raised $1bn in Ramadan","date":"March 28, 2025","format":false,"excerpt":"\r UAE\u2019s Fathers\u2019 Endowment campaign raised an incredible $1bn in Ramadan\r \r Source : arabianbusiness.com\r Read more...Fathers\u2019 Endowment campaign raised bn in Ramadan","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i1.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/03\/Sheikh-Mohammed-bin-Rashid-Al-Maktoum-1000x667-1.jpg?fit=1000%2C667&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":163598,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/sheikh-mohammed-launches-1-3bn-dubai-endowment-district\/","url_meta":{"origin":65912,"position":5},"title":"Sheikh Mohammed launches $1.3bn Dubai Endowment District","date":"October 30, 2025","format":false,"excerpt":"\r Sheikh Mohammed launches $1.28bn Endowment District in Dubai to fund global education and healthcare projects through investment The post Sheikh Mohammed launches $1.3bn Dubai Endowment District appeared first on Arabian Business: Latest News on the Middle East, Real Estate, Finance, and More.\r \r Source : arabianbusiness.com\r Read more...Sheikh Mohammed\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"https:\/\/i2.wp.com\/www.siamlandbank.com\/propertynews\/wp-content\/uploads\/2025\/10\/Sheikh-Mohammed-Dubai-Endowment-District-1000x641-1.jpg?fit=1000%2C641&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65912"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=65912"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/65912\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=65912"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=65912"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=65912"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}