Both onshore and offshore investment bonds have their advantgaes

investment bonds

Investment bonds have a unique position in the UK tax framework that allows investors to defer tax, a particularly useful option for higher rate payers

Investment bonds have long enjoyed widespread support and, even with the demise in sales of with-profits, total UK bond sales still exceeded £22bn in 2005, a 21% increase on 2004. These figures are despite some often unfounded criticism from some quarters. These criticisms fall into two main categories, as follows: The perceived tax advantages over other products such as unit trusts are not as good as we are ledto believe, plus the products are too expensive and conceal this expense through non-transparent charging structures. However, the increase in sales figures show that most financi...