Tax Wrapper Comparison Calculator
Tax Wrapper Comparison Calculator
Deciding if a bond ‘wrapper’ or a directly held collective is the right choice to support a client’s wealth planning objectives, is an important financial planning consideration, particularly given the different tax treatments of these options.
The HSBC Life Tax Wrapper Comparison Calculator has been designed to help advisers to assess and understand the impact tax can have on investment returns across three different products : onshore bond, offshore bond, and collectives.
What information is required?
The Calculator requires:
- investment amount
- investment term
- investment return components
- details of any withdrawals to be taken
- an assumption of the client’s income details on surrender
The Calculator is not designed to produce a personalised illustration of the options available, nor does it represent a recommendation or advice from HSBC Life.
Keeping up to date
We make the Calculator available for advisers to download and use on their local PCs, but it should be noted that the Calculator reflects the relevant reliefs available as at 1st March 2025. As these reliefs can change, it is important to use the current version of the Calculator as HSBC Life cannot be held responsible for results which include outdated information. Please check you have the latest version before using it to support your advice.
The Calculator is designed for adviser use only.