Gilts · Explainer
Low-coupon gilts and capital gains tax
Gains on gilts are free of capital gains tax but coupons are taxed as income. A gilt with a small coupon, priced below £100, turns most of its return into the tax-free part.
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Gilts · Explainer
Gains on gilts are free of capital gains tax but coupons are taxed as income. A gilt with a small coupon, priced below £100, turns most of its return into the tax-free part.