Sir interest on Uk government stock(gilts) is exempt from tax right?
Ask the Tutor ACCA TX-UK
Q56 BPP kit
No it isn't exempt - Your OT study notes - chapter 2 section 2 - top of page 7 in the FA 2017 notes.
You are maybe confusing this with CGT where disposals of such securities are exempt from CGT - not income tax!
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