Skip to main content

beta This is a new service – your feedback will help us to improve it.

Foreign government bond with accrued interest

Answer
a c
Posted Wed, 27 Nov 2024 17:47:20 GMT by a c
Hi, I have bought a foreign government 30 years bond with accrued interest 2 years before its maturity. May I confirm if the difference between the acquisition cost and the disposal proceed (both converted to GBP) is treated as capital gain? While the accured interest wil be taxed as foreign saving income? Thanks a lot.
Answer
HMRC Admin 17 Response
Posted Wed, 04 Dec 2024 09:47:49 GMT by HMRC Admin 17 Response

Hi ,
 
Please refer to :

HS343 Accrued Income Scheme (2024)  .

Thank you .

You must be signed in to post in this forum.