»Ê¹ÚÌåÓýapp

»Ê¹ÚÌåÓýapp Accrued Income Scheme applies to the transfer of securities. ‘Securitiesâ€� means holdings of British government securities, company loan stock or similar. »Ê¹ÚÌåÓýapp scheme ensures that the buyer and seller are each chargeable on the interest relating to their period of ownership. »Ê¹ÚÌåÓýapp scheme identifies the taxable amounts (equivalent to the interest) by a system of profits and losses reliefs. Taxable amounts are regarded as income. explains which securities are within the scheme, and which are excluded. External customers can find the guidance at scheme does not include:

• shares (ordinary or preference)
• National Savings certificates
• certificates of deposit.