Why are gilts tax efficient?
Gilts are completely free from capital gains tax, which means you do not have to pay CGT on any profits you make when you sell or redeem the gilt.
但係上便又話......
https://community.hmrc.gov.uk/customerforums/cgt/23b41f68-ea97-ed11-97b2-00155d3ba57b#:~:text=As%20a%20Deeply%20Discounted%20Security,capital%20gains%20tax%20(CGT)
As a Deeply Discounted Security (DDS), a US Treasury Bond would normally be subject to UK income tax on maturity.
However, if redeemed or sold before maturity, the transaction would be subject to capital gains tax (CGT).
唔明tim, below par 100 既bond 賣出時究竟洗唔洗俾?
定係US bond 同UK bond 既分別?
