Tax on Income

Tax on Income

The Life Office provider makes charges to reflect its liability to tax on distributions received gross from assets held on behalf of their policyholders. This applies to funds domiciled outside of the UK and is charged at a rate of 10% for distributions from funds largely invested in equities and 20% for distributions from funds invested in fixed interest securities. This accounts therefore for the basic rate tax liability within the Bond.

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A&J Wealth Management Ltd


Bigfrith Lane

Cookham Dean



01628 480200

© 2023 A&J WEALTH MANAGEMENT LTD A&J Wealth Management Ltd is authorised and regulated by the Financial Conduct Authority. Financial Services Register, no 428590, at Registered in England, Company no: 5105933. Registered Head Office: Sawfords, Bigfrith Lane, Cookham Dean, Maidenhead, Berkshire SL6 9PH

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