How do I reclaim tax on my Bond

touch*my*food*feel*myfork

I have a 3 year Hotel Chocolat bond which pays me in gift cards to spend instore, but this has income tax taken off when it arrives.
Am i able to claim this tax back - I have looked at form R40 but am unsure if this is what i need.

Many thanks for your time and help

xylophone

https://www.lovemoney.com/news/29329/hotel-chocolat-bond-earn-733-a-year-from-chocolate

"THE TAXMAN TAKES 20%

The net interest on Hotel Chocolat Bonds will be paid on or before 31st October each year, starting in 2014, and investors receive the full amount, even in the first year. However, even though bondholders are paid in chocolate, the taxman still wants his share, so HM Revenue & Customs makes Hotel Chocolat deduct tax at source.

So taxpayers who buy a Hotel Chocolat Bond get only £58 per £1,000 invested credited to a Hotel Chocolat Card each year. This is equivalent to a 7.25% return minus 20% basic-rate tax, which comes to 5.8% a year. Non-taxpayers can get the full £72.50 per £1,000 invested (7.25% a year) by completing a tax certificate available from Neville Registrars.

As for Tasting Club bonds, they pay a return of £146.65 on the £2,500 bond and £293.30 on the £5,000 bond, after basic-rate tax at 20% is deducted.

Investors can choose to buy and hold these bonds inside a self-invested personal pension (SIPP), which makes their returns tax-free. However, they cannot be stored inside an ISA."