uancw
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RE: Taxation on gilts owned by company
Hello everyone, what's not clear to me is the following: If a company buys an inflation linked bond at price below 100 assuming 0% inflation until maturity and ) 0% coupon for the sake of the example, the company will make a profit of 100-PurchasingPrice at maturity. That capital gain which is NON taxable in Gilts (as per above comments) IS instead taxable for “gilt-edged securities” ?