From: "jools" 
Newsgroups: uk.finance
Subject: Re: taxation with respect to bonds
Date: Tue, 06 Sep 2005 11:31:16 GMT


"Doug Ramage"  wrote in message 
news:lrmdnQdqIPx5-oDeRVnygw@brightview.co.uk...
>
> What happened on 30/3/03? It seems to have been an earlier Chargeable 
> Event?
>
> Did you mother make a (Excess) Partial Withdrawal on that date?
> -- 
> Doug Ramage

Sorry for the delay in responding, but I had to drive  to my mothers to 
pick-up the previous certificate.

Chargeable Event Certificate dated 30/03/2003 (last relevant date) which has 
the following info on it:

Last relevant date 30/03/02

Total of all relevant capital payments (partial surrender payments) since 
last relevant date £3581

Total of all relevant capital payments (partial surrender), including the 
above, since commencement £14,024

Total premiums paid (single premium) 3103/99 - £51,151

Previous certified gains £2771

Amount of gain arising on this event £1,023

Number of complete years since last relevant date  1

Notional Tax £226

Also, having re-looked at the monthly income received by my mother from the 
bond, I realise that I was wrong to say that the monthly income taken was 
less than 5%. It would appear that for years 99/00 to 02/03 the income was 
actually 7%

Thanks for taking an interest