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4.375% Treasury Gilt 2030 New Issue
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MikeT
Posted: 03 January 2025 13:19:42(UTC)
#1

Joined: 12/02/2017(UTC)
Posts: 1,522

Thanks: 938 times
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Offer closes 7th Jan.
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Jon.Snow on 03/01/2025(UTC)
MrBatch
Posted: 03 January 2025 14:02:33(UTC)
#2

Joined: 22/02/2021(UTC)
Posts: 234

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Was thanked: 315 time(s) in 121 post(s)
available on ii platform fyi
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MikeT on 03/01/2025(UTC)
Busy doing nothing
Posted: 03 January 2025 18:05:02(UTC)
#3

Joined: 01/03/2021(UTC)
Posts: 372
Minimum amount to purchase is 1k + further increments of £100
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ALAN P
Posted: 03 January 2025 19:16:02(UTC)
#4

Joined: 21/06/2008(UTC)
Posts: 25
Can I ask what the process is to purchase please
Many thanks
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Busy doing nothing
Posted: 03 January 2025 22:16:20(UTC)
#5

Joined: 01/03/2021(UTC)
Posts: 372
You need to go to the IPO's and new offers page on your investment platforms website and click on the link. Don't know if all platforms offer this, ii do.
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ALAN P on 04/01/2025(UTC)
GARRY TAYLOR
Posted: 04 January 2025 07:29:45(UTC)
#6

Joined: 17/02/2013(UTC)
Posts: 22
Busy doing nothing;330057 wrote:
You need to go to the IPO's and new offers page on your investment platforms website and click on the link. Don't know if all platforms offer this, ii do.

AJ Bell also doing the IPO, exactly the same process as described for ii.
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MBA MBA
Posted: 04 January 2025 15:14:17(UTC)
#8

Joined: 16/12/2012(UTC)
Posts: 1,725
Do people understand how the tax treatment works when you sell a gilt before its redemption date and you sell for more than you bought so that there is a profit. I understand that such a gain is liable for interest tax and has to be declared on one’s HMRC self assessment. Is that right?

Secondly, i also understand that becasue there is a ‘dirty’ price and a ‘clean price’ taking into account the acccured interest that this also needs to be calculated and declared. Is that right? Sounds complex, or does one just wait for the platform provider to provide the end of year statement and does this then include the details?

I recall having a few exchanges on this topic with other posters in the past, such as Tim D but still don’t feel 100% on top if it.
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Busy doing nothing
Posted: 04 January 2025 17:14:18(UTC)
#10

Joined: 01/03/2021(UTC)
Posts: 372
No interest or gains need to be reported if held in ISA or SIPP.
That is how i would imagine most people hold them.
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MBA MBA
Posted: 04 January 2025 17:49:21(UTC)
#11

Joined: 16/12/2012(UTC)
Posts: 1,725
Busy doing nothing;330102 wrote:
No interest or gains need to be reported if held in ISA or SIPP.
That is how i would imagine most people hold them.


the great attraction of gilts is enabling 40/45% income tax payers to hold outside of ISAs and SIPPs. Thats who it really makes sense for AFTER theyve exhausted ISA and SIPP allowance
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Jay P on 04/01/2025(UTC), Busy doing nothing on 04/01/2025(UTC)
Thrugelmir
Posted: 04 January 2025 18:24:14(UTC)
#9

Joined: 01/06/2012(UTC)
Posts: 5,317

Thanks: 3255 times
Was thanked: 7876 time(s) in 3263 post(s)
MBA MBA;330094 wrote:


Secondly, i also understand that becasue there is a ‘dirty’ price and a ‘clean price’ taking into account the acccured interest that this also needs to be calculated and declared. Is that right? Sounds complex, or does one just wait for the platform provider to provide the end of year statement and does this then include the details?

.


Contract note contains all the details that are required to perform the calculation.
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MBA MBA on 05/01/2025(UTC)
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