Self Wealth ManagementChargeable Event Gain Calculator
Our chargeable event gain calculator can be used to work out the tax due on an onshore or offshore bond gain, including top-slicing relief, with every step of the calculation shown.
Have you received a chargeable event certificate from your bond provider, and are you interested in knowing what it means for your tax bill? This calculator works out the income tax due on a gain from an onshore or offshore bond, applying top-slicing relief the way HMRC actually calculates it (including the interaction with your personal allowance, personal savings allowance, and starting rate for savings).
Enter the gain, the number of complete years that the bond was held, and your other income for the year, and you'll see the liability with and without relief, plus the full workings so you can check every figure yourself.
Run it on your whole financial picture
Enter your figures once in My Money and every calculator uses them, from income tax to inheritance tax, alongside a year-by-year cashflow plan.
- Saved onceYour pension pot, salary and spending carry across every tool.
- Projected forwardSee how today's decision plays out year by year to retirement.
- Checked for youInsights flag allowances and reliefs you haven't used.
Open the Chargeable Event Gain calculatorSee what else it does
Chargeable event gain
The chargeable event gain, the number of complete policy years (N) and the top-slicing slice on a full or partial surrender of an investment bond; we show the numbers, we don't give advice.
Policy details
Onshore bonds carry a 20% basic rate tax credit. Offshore bonds do not.
Total value of all remaining segments at the calculation date.
Sum of all withdrawals across all policy years.
Total of all prior chargeable event gains on this bond.
Number of complete years from policy inception to the calculation date.
An estimate for guidance and education, not regulated financial advice. Open Chargeable Event Gain in the app to keep your figures and use them across the other calculators.
Educational disclaimer: This information is for educational purposes only and should not be considered financial advice or a recommendation. Investments can fall as well as rise in value, and you may get back less than you invest. Past performance is not a reliable indicator of future results.