The UK Voyant software is hardcoded with UK tax and product rules.
The Offshore taxable investment type allows you to input an investment which doesn't use the UK rules but uses custom tax rates instead.
To add an Offshore Taxable Investment go to Dashboard > + Button in the bottom right corner > Savings and Investment > Type - Offshore Taxable.
There are two Tax rate options: Capital Gains or Income Tax Rate.
The tax calculated is based on the gain (when a withdrawal is made) or on the income yield generated within the investment. For this latter option this relates to the Dividend or Interest yield shown in the Growth screen.
For example if the Income Tax Rate is modelled at 15%
and the Dividend yield was modelled at 10%
on an investment of £100 000 the dividend yield would be £10 000 and the Tax would be £1500. The £1500 would show as a deduction from the investment directly and the tax expense would show in Expenses. This can be viewed in Year View.
Note: taxes on Offshore Taxable investments can also be seen at the bottom of Year View > Taxes and can be seen in the Taxes > Detailed chart.