Tax Update and Fixed Interest Securities

Tax Update and Fixed Interest Securities

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PLEASE NOTE THAT THIS VERSION USES RATES AND ALLOWANCES FOR THE TAX YEAR 2015/16. HENCE THE DISCOUNTED PRICE.

This guide recognises that you may need to refresh your knowledge of income tax and CGT but arenÕt taking a tax exam as such.

A working knowledge of fixed interest securities is also valuable to financial advisers. The headline rate may be a very appealing 7% but the yield to redemption may be only 3% - why the difference and what is the likely net of tax return for say a higher rate taxpayer?

As well as being essential reading for all financial advisers we recommend this guide for anyone preparing for the CF2,J10, R02, R06, AF4 or AF5 CII examinations - also for the IFP Certified Financial Planner or Fellowship exams.