Scottish Equitable International is to launch an online bond training facility for advisers outlinin...
Scottish Equitable International is to launch an online bond training facility for advisers outlining the tax benefits of offshore bonds for individual and corporate investors.
The group said the product would help advisers choose the correct tax calculation for gains on bonds and reduce error rates.
For example, the tool explains the difference between calculating a partial withdrawal and a full surrender of individual segments. It also flags up when a bond is liable to capital gains tax. Among the other areas it covers is how the content of an offshore bond is taxed.
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