Company-held Bonds/Gilts

GMRJM · December 8

Hello,

For company-held Bond/Gilts, is there any tax implications on any 'gain'?

Our thinking is no CGT or Corporation tax on the 'gain', but read conflicting information on a forum and now doubting ourselves.

Any help much appreciated.

Many thanks,
Gary

les_cameron · December 9

This is complicated but the answer is maybe with special rules for indexed linked gilts.

Gilts come under the loan relaionship rules - https://www.gov.uk/hmrc-internal-manuals/corporate-finance-manual/cfm37120

There used to be a good summary from the debt management office but I can't find it. I can fund a reference to the summary but the lnk has a 404 error (grr).

Accountants work not advisers work.

benjaminfabi · December 9

Gains on the sale of gilts are not chargeable gains.

No personal liability to capital gains tax.
No company liability to corporation tax.

https://www.gov.uk/guidance/gilt-edged-securities-exempt-from-capital-gains-tax
https://www.legislation.gov.uk/uksi/2025/553/made

GMRJM · December 9

Thanks guys, @les_cameron @benjaminfabi

Company-held Bonds/Gilts

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