Bonds and not a clue

King_Weasel

crittertog wrote: »

As it's a straightforward question, why not ask HMRC?

In my experience you cannot be sure of reaching HMRC on the phone in a single day and neither should you assume their information is accurate if you do get through.

bigadaj

Sounds as thoogh zeroes are exactly what you are after, as you can roll up the gains and use against your cgt allowance. Unfortunately they are another example of. The financial services industry cocking up a Useful mechanism and tax advantage. There are still a few around, and some are currently being launched, however they aren't the simplest product and you need to do some research, they should be listed on trust net, morningstar and similar sites. When I looked the problem seemed to be that you have to hold for a long period for the gain to be taxably efficient and useful, also things like gearing and hurdle rate need to be reviewed to see how likely you are to get your money back when they are wound up, some are also open ended so an added complication.