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New Pensioner Bonds
Delais
Posts: 3 Newbie
Do you think we will be able to put theses new bonds in an ISA. Were pensioners able to do this before?
0
Comments
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Answers are no and no0
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The Chancellor said in the detail documents that they would not be available to hold in a NISA.
They did not exist before.0 -
will they be paid gross i.e. be tax free?0
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no, afraid not0
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will they be paid gross i.e. be tax free?
Being paid gross does not necessarily equate to interest being tax free in the hands of the depositor.
For example, the interest on the NS&I deposit bonds is paid gross but if you are a tax payer, you would need to advise HMRC.0 -
I was think like NS&I certificates.0
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I was think like NS&I certificates.
I suspect that the new pensioner bonds will work like the old ones - paid gross but taxable.
http://webarchive.nationalarchives.gov.uk/+/http://www.hmrc.gov.uk/individuals/nsi.htm#pensionersbonds0
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