8th April Update to CGA Bond Maturing 17th March 2010
Pilling have now confirmed that they have received sterling funds with an exchange rate of US$1.5235 and a repayment of $1,025 per unit. We are waiting for confirmation that this is to be split $1,000 repayment of bond and $25 income.
As the funds have cleared in this tax year they will be allocated for Capital Gains Tax in the 2010/11 tax year.