A fund consists of 100% UK gilts and is valued at £500 million. To stay within the diversification rules, a single stock within the portfolio could be worth as much as:

Richard, who is a higher rate taxpayer, receives a dividend distribution of £11,800 from his unit trust holding. Assuming he has no other dividend income, what amount of income tax will he need to pay on this distribution?

Bill & Sally made gains of £22,000 and £35,000 respectively from their OEIC holdings. Neither has made any other gains or losses in the 2017/18 tax year. If Bill already has taxable income of £18,000 and Sally has taxable income of £60,000, what is their combined Capital Gains Tax liability on these gains?

What ADDITIONAL reporting is a reporting fund obliged to make compared to a non-reporting fund?

Lance and Richard are both UK residents and higher rate taxpayers. They have both realised a gain of £15,000. Lance’s is from his reporting offshore fund and Richard’s is from his non-reporting offshore fund. Assuming they have both fully utilised their CGT exemption and their personal savings allowance in the 2017/18 tax year, their tax liabilities will result in:

The Brown family comprises Mr and Mrs Brown and their two children aged 12 and 4. What is the MAXIMUM amount that can be paid per year by the family into friendly society policies if the premium is paid annually?

Matt is surrendering his maximum investment plan and has received the proceeds tax free. This is because he surrendered the plan:

Terry has income tax liabilities of £42,000 in the current tax year and £45,000 in the previous tax year. What amount does he need to contribute to a Venture Capital Trust in the current tax year to reduce these tax liabilities as much as possible?

Janet is 18 and invested £5,000 in a stocks and shares Individual Savings Account (ISA) on 5 June 2017. How much more can she invest in a cash based ISA on 8 August 2017?

Claire invested £3,000 into her stocks and shares Individual Savings Account (ISA) on 8 June 2017. On 1 August 2017 she wishes to maximise her allowance by topping up with cash. She will be able to invest a further:

One of the main differences between Child Trust Funds (CTFs) and Junior Individual Savings Accounts (JISAs) is:

James can make the decision as to whether he exercises his right to SELL an underlying asset at a certain price, at any time during a specified period, he therefore has:

The holder of an option is able to do all of the following, EXCEPT:

Alpha Investments’ hedge fund adopts a market-neutral strategy. This fund is referred to as a[n]:

What type of structured product which, once issued, is listed on the London Stock Exchange?