With Profit Bonds and Funds Guide

Welcome to With Profit Bonds Uk, we hope your visit here will be very informative. This site is mainly an information site with content to help you make a decision on what and how to work With Profit Bonds. We realise there is a number of people who don't understand or even know what With Profit Bonds are, and this is what our site focuses around.

Be sure to check out our Frequently Asked Questions database for the most commonly asked questions, and if you don't find an answer here, have a look in the Links section, or alternatively contact us and we will be glad to help you.

We are asked regularly about how the tax system works, here we have supplied a brief introduction, the first thing to understand is that as the insurance companies pay tax on their funds, the proceeds are deemed by the Inland Revenue to have had basic rate tax deducted at source. Essentially, what this means is that the majority of basic rate tax payers will have no further liability to tax when they surrender their investment. As the tax paid is not reclaimable, With Profits Bonds may not be suitable for non tax payers who may be able to achieve a higher return in a gross paying investment.

Many Insurance Companies are happy to answer queries and give help and information over the phone, some via special free phone help lines. They will be able to deal with general administrative queries about their bonds generally or your particular holding but cannot give advice.