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Guernsey Retirement Annuity Trust Services (RATS)

SarahLeesSarahLees Member
in Technical stuff

Does anyone have any experience with RATS and can explain how UK investment portfolios are taxed under the scheme?

From what I can find out about the schemes all investments grow free of Guernsey income and capital gains tax. However, I can not find any information about whether UK investment portfolios are subject to UK income tax by the HMRC.

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  • benjaminfabibenjaminfabi Moderator

    Hi Sarah

    The individual member won't have a tax liability on the income and gains in the UK as the assets are owned by the trustees of the RATS. If the RATS has UK and Guernsey approval (which is likely) then it should operate for tax relief in the same way as a UK registered SIPP holding a GIA on a platform, therefore the trustees of the RATS should also be exempt.

    You should ask the trustees of the particular RATS you are looking at, as they aren't all the same.

    Benjamin Fabi 
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