Tax treatment depends on your individual circumstances and may be subject to change in the future. This summary is provided for informational purposes only and relates to the position of a UK resident individual taxpayer. We do not offer advice on tax and if you are in doubt about your own position you should seek professional advice.
Debentures may be subject to IHT if they are the subject of a gift or if they form part of the estate of an individual on death. Any Debenture holder who has any doubts as to his or her IHT position should consult a professional adviser.