money for life

Bonds written on a capital redemption basis have received quite a lot of press following the Inland Revenue's decision to tax companies holding these investments on an ongoing basis, rather than when a chargeable event arises. While this has effectively removed most of the tax benefits for companies (although it should be remembered that for companies registered outside of the UK, capital redemption bonds may still be appropriate for tax planning) there still remains a large market for these products for both trustees and individual investors. Before I discuss the tax planning benefits t...