Have Tax Questions? Ask a Tax Expert for Answers ASAP
Hi. I understand, but if there are embedded derivatives/or performance linkage, sure that should get bifurcated?
For example, I am aware in the structured products world that if you buy a note linked to the equity markets, and such note is capital guaranteed, then you get charged CGT on the performance?
Is it not the same here?
Ahh - I missed that part.
How do I determine the part subject to CGT if I cash in early (which I can certainly do)?
And do I need to cash in very early? For example, what If I sell 1 day before maturity?
Understood, but that was just theoretical. Can you advise how the CGT vs income portion is assessed if sold early? e.,g. I could even sell 1 or 2 years prior to maturity, but need to understand the treatment?