Guaranteed Investment Bond (International)
If your client is a basic or higher rate taxpayer, plan to work or retire abroad and is currently a UK resident, then the International version of our Bond could be very tax-efficient for them.
That is because our International Bond does not pay UK tax, so your clients investment is not taxed as it grows. They are still eligible for the 5% per year tax deferred withdrawals and any taxation will only arise when this limit is exceeded and will depend on their tax situation at the time.
What’s more, the Guaranteed Investment Bond is available as a UK based Bond or an International Bond from our office in Dublin, Ireland. Being administered outside the UK can mean additional tax advantages that your clients may benefit from.