New Pensioner Bonds

Delais

Do you think we will be able to put theses new bonds in an ISA. Were pensioners able to do this before?

Archi_Bald

Answers are no and no

Freecall

The Chancellor said in the detail documents that they would not be available to hold in a NISA.

They did not exist before.

crisp

will they be paid gross i.e. be tax free?

Onawingandaprayer

no, afraid not

ColdIron

crisp wrote: »

will they be paid gross i.e. be tax free?

No, they will be subject to tax like any other savings

xylophone

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.

crisp

I was think like NS&I certificates.

xylophone

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#pensionersbonds