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Posted Wed, 16 Oct 2024 11:15:34 GMT by Asa Law
Hi, just want to confirm: 1) if I bougt US T-Bill at US$98 and I wait until it matures and get back the face value US$100, this US$2 profit should be treated as "Income" (Deeply Discounted Security) instaed of Capital Gain when doing my UK Tax reporting? 2) if the US T-Bill carries an Interest (Coupon), this gain should be treated as "Interest" when doing my UK Tax reporting? Cheers,
Posted Mon, 21 Oct 2024 12:36:15 GMT by HMRC Admin 8 Response
Hi,
This forum is for general queries only and is intended to help you self-serve.
We are unable to provide specific advice tailored to individual circumstances. 
You may wish to contact our Self Assesment team:
Self Assessment: general enquiries 
Or consider seeking professional advice. 
Thank you.
Posted Tue, 22 Oct 2024 09:42:13 GMT by Asa Law
Mine is a general query only. I am just asking HMRC's principle how you treat these, not requesting a specific advice for my own tax calculation. The scenario I gave is simply a hypothetical example for your easy understand my question. By the way, my interest earning is just few hundred pounds, not worth seeking expensive professional advice from tax consultant. Genuinely disappointed.

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