UK government 'FOTRA' securities

This section covers interest payments on UK Government securities issued on FOTRA ('Free Of Tax to Residents Abroad') terms.

Contents

• Interest payments
• The paperwork: what form do I use?
• How do I get more help and information?

Interest payments

Interest payments on UK Government securities issued on FOTRA terms are exempt from UK income tax where the beneficial owner of the security is not ordinarily resident (if a company, not resident) in the UK.

Since 6 April 1998

• all UK Government securities have FOTRA status, irrespective of the terms of issue of the security
  and
• interest payments on holdings of all registered gilts are generally made without deduction of tax.,

If exceptionally, tax has been deducted from an interest payment on a FOTRA security, and you are the beneficial owner of the security, you may claim repayment of the tax.

The paperwork: what form do I use?

Please use form A1 if you need to make a claim to repayment of tax deducted from an interest payment on a FOTRA security. Notes on the form explain how to make your claim.

Please note that the form is in PDF format. To view a PDF document you must have Adobe Acrobat Reader installed on your computer.If you require this material in large print or Braille please contact HMRC Residency.