Gilts and cash
UK government bonds and cash: what you pay, what comes back, and how each is taxed.
Explainers
- Gilt ex-dividend dates: who gets the coupon When a gilt goes ex-dividend, why settlement decides who gets the coupon, and why accrued interest turns negative.
- What is a gilt ladder, and how is it taxed? Gilts redeeming one after another, why a low coupon changes the tax, and who it makes no difference to.
- Gilt accrued interest and the dirty price, explained What the contract note is charging you for, why it is sometimes negative, and how the Accrued Income Scheme taxes it.
Nothing in these guides is investment or tax advice. Tax rules are stated for the tax year each guide names, and may change.