Q56 BPP kit

This topic has 1 reply, 2 voices, and was last updated 7 years ago by Tax Tutor.

Viewing 2 posts - 1 through 2 (of 2 total)

Author

Posts
February 16, 2019 at 6:04 am #505265
rishabbohra98
Participant
- Topics: 112
- Replies: 88
Sir interest on Uk government stock(gilts) is exempt from tax right?
February 17, 2019 at 1:52 pm #505510
Tax Tutor
Member
- Topics: 2
- Replies: 3960
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!
Author

Posts

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.