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Unit trusts denominated in different currencies

SWM
Posted Mon, 06 Nov 2023 20:05:31 GMT by SWM
I hold the following unit trusts: JPM US Technology A (dist) - USD and JPM US Technology A (dist) - GBP. In HMRC’s “approved offshore reporting funds list”, they are assigned different HMRC share class reference numbers: J0039-0079 for the former and J0039-0080 the latter. My question is whether I should treat them as pooled together in one Section 104 holding or as separate unit trusts for capital gains tax purpose?
HMRC Admin 19 Response
Posted Thu, 09 Nov 2023 14:27:40 GMT by HMRC Admin 19 Response
Hi,

It would be as separate unit trusts.

Thank you.

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