Investment Bond Wrapper & Supermarkets

MrMicawber_2

Income
Corporation tax at 20% on interest, overseas dividends and rental income.
UK dividends received with a 10% tax credit which satisfies the fund manager’s liability.
Annual management expenses can be set against income (except UK equity income) before corporation tax. There must be sufficient income for relief to be available.

Gains
Corporation tax at 20% on gains in the fund.
Indexation relief available to reduce the amount of gain liable to tax.

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Are dividends from a Global Income fund treated as UK dividends or overseas.

I have read that capital gains is at 22% not 20% -
http://www.invidion.co.uk/investment_bond_calculator.php
Quote from this link - "Investment bonds are also known as non-qualifying policies, which give rise to no income or capital gains as such in the hands of the investor, and thus provide a means of rolling up investment returns. The insurance funds in which premiums are invested are subject to life company taxation (currently 20% on income and 22% on capital gains)".