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Posted Wed, 31 Jul 2024 22:27:27 GMT by plane123456
Hello, im interested on investing in this sterling money market bond fund. If held OUTSIDE isa or SIPP, gains from selling this fund must be taxed as INCOME or CGT? if CGT can i use my 3000£ year allowance to not pay tax for the first 3000£ of gains? thanks a lot

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Posted Mon, 05 Aug 2024 12:03:23 GMT by HMRC Admin 10 Response
Hi
If you have no other capital gains for the year then yes.

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