Premium Bonds for my son
Aug 21st 2015, 3:13 am
#1
Forum Regular
Thread Starter
Joined: Jan 2013
Posts: 41
Premium Bonds for my son
Hi
My father has purchased british premium bonds for my son (his grandson) and he has managed to find out that even though we are in Canada there is no obstacle with location I just have to give our address and my sons birth certificate. As the premium bonds are tax free with any interest or winnings gained in the UK he is trying to find out whether there would be any Canadian tax implications, I have no idea if there is and the UK premium bond people don't know either.
Any body out there can answer this or guide me?
My father has purchased british premium bonds for my son (his grandson) and he has managed to find out that even though we are in Canada there is no obstacle with location I just have to give our address and my sons birth certificate. As the premium bonds are tax free with any interest or winnings gained in the UK he is trying to find out whether there would be any Canadian tax implications, I have no idea if there is and the UK premium bond people don't know either.
Any body out there can answer this or guide me?
Aug 21st 2015, 3:24 pm
#2
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Premium Bonds for my son
Hi
My father has purchased british premium bonds for my son (his grandson) and he has managed to find out that even though we are in Canada there is no obstacle with location I just have to give our address and my sons birth certificate. As the premium bonds are tax free with any interest or winnings gained in the UK he is trying to find out whether there would be any Canadian tax implications, I have no idea if there is and the UK premium bond people don't know either.
Any body out there can answer this or guide me?
My father has purchased british premium bonds for my son (his grandson) and he has managed to find out that even though we are in Canada there is no obstacle with location I just have to give our address and my sons birth certificate. As the premium bonds are tax free with any interest or winnings gained in the UK he is trying to find out whether there would be any Canadian tax implications, I have no idea if there is and the UK premium bond people don't know either.
Any body out there can answer this or guide me?
