Weekly Question - Bonds
Written on 30/05/2019

Q: How much can a basic rate tax-payer withdraw each year from an onshore capital investment bond without any immediate liability to tax?


A: 5% of the total value (less any ongoing adviser fee)

B: 20% of the initial investment

C: It varies depending upon their age

D: 5% of the initial investment (including any IFA ongoing fee)

Answer is D.

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