AnthonyTF

Hi HMRC Admin 10 Hope you are well! Maybe I am miss represented in my first post. “ I purchase a US Treasury as a discount e.g. 97.5. And holding to maturity in 100. ” I would like to clarify that I purchase the bond in “second market” as 97.5. And the “issue price” is 100. May I have to know that the situation also same as your reply ? “These are classed as Deeply Discounted Securities (DDS). ‘Deeply Discounted Securities’ (DDS) are government securities, commercial bonds and loan stock, where the amount paid on redemption is higher than the price at which they were issued.” It’s because I am not to purchase the bond from the issuer. Then are the securities taxable under CGT when maturity? Thank you very much!

Hi Thank you for your reply! For another situation, if I sold the US Treasury before the maturity, should I tax the gains as CGT? Thank you very much!

Hi Hope you are well! May I have to know that if I purchase a US Treasury as a discount e.g. 97.5. And holding to maturity in 100. What should I claim for the different of my return (2.5). Income tax or CGT? Thank you very much!

Hi Hope you are well! I have a fund that sold all holding in the year of 22/23. I follow HS284 example 3 to calculate the return: 2/9/2014 buy @£9 of 1077unit £9693 28/1/2015 buy @£8.5 of 588unit £4998 Total unit 1665 Total Cost £14691 27/8/2015 sell @£8.2 of 850unit £6970 Cost: (£14691 x 850)/1665=£7499.9 Loss: £6970-£7499.9=-£529.9 Bought forward: 1665-850=815unit £14691-£7499.9=£7191.1 20/7/2022 sell @£4 of 815unit £3260 Lose: £3260- £7191.1=-£3931.1 I can claim a loss £3931.1 in my CGT 22/23. Am I right? Thank you very much!

Hi I have a bond income in 21/22 year. Can I claim the 5% deferred allowance? Thanks you!