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Posted Fri, 28 Jul 2023 22:18:51 GMT by
I hold a listed UK investment trust which distributes capital gains rather than pays dividends. So in this case the capital gain arises from the indirect disposal of shares by the investment trust manager. I am filling in the capital gains section of my self-assessment, form SA108, and am wondering which section to use. None seem to be that appropriate. On CG4, Section 52QG, Total gains from QAHC share repurchases and security redemptions is close, but is a listed investment trust really a "qualifying asset holding company"? Any help would be much appreciated.
Posted Fri, 04 Aug 2023 07:53:50 GMT by HMRC Admin 25 Response
Hi Rob Wilkinson,
You will show it under listed shares. as it is the distribution.
Report the number of disposals as one, and give details that it is the investment fund that distributes the gain.
Thank you. 
 

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