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Posted: 11 months ago Harrow, London North West, GB

Bonds and OEICs Taxation, Taxation of Unit Trusts and OEICS

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Description

Offshore Investment Bond, Unit Trust and OEIC funds, Individuals when can a personal tax liability arise? When there is a chargeable event and again arises on it. There is no capital gains tax to pay on death. Unit trusts and OEICs have their acquisition cost uplifted to the date of death value. Any gains in excess the annual allowance are taxed at 20%. Explore more information on DNS Accountants.
Always stay safe! It is safer when you trade locally, you see the goods before paying. Avoid using payment / transfer methods such as Western Union, this is the same as sending cash to someone. If you do not trade locally use a service such as PayPal, this can offer you some protection, see www.PayPal.co.uk for terms and further details. If it is a business that you are purchasing from, paying with a credit card can offer you some protection too.
Vidit Agarwal DNS Accountants is an award winning UK based accountancy firm that provides full range of accountancy services, payroll accounting, bookkeeping, self-assessment tax return, year-end accounting service to contractors/freelancer/sole trader and private limited companies across the UK. Posting for 3+ years

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