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  • Tax on 5 Year Bond

    Hi I have a 5 year bond where interest is calculated daily and added to the bond each year on the anniversary of the date that the account was opened. Withdrawals are not permitted. Is interest therefore taxable in the year the bond matures i.e. all the interest added over the 5 year period is taxable in year 5? Thanks
  • Credit Card and Bank Rewards

    Hi Can HMRC please assist: 1. Are credit card points/air miles etc, awarded for credit card spend taxable (this is for personal credit cards). 2. Is travel insurance, car breakdown cover etc provided through a personal current account with a bank taxable (the account charges a monthly fee). Thanks Thanks