Finance Bill

I was just concerned about the flavour of the explanatory notes regarding the interaction between the regulatory returns that life assurance companies make and the basis of taxation. The issue, which I think came up in the proceedings of the previous Finance Bill, or it may even have been during the Finance Bill before that, is the way in which reserves are classified in the Financial Services Authority's forms and so on. The explanatory notes were not entirely clear about how the FSA's returns interacted with the taxation of life assurance companies, and I just wanted confirmation that tax is not being driven by the FSA's regulatory returns.