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Posted Fri, 23 Aug 2024 19:25:59 GMT by kary
The value of the unit trust will decreased/deducted when I got the cash dividend. Should the cash dividend be treated as captain gain or dividend?
Posted Thu, 05 Sep 2024 15:46:49 GMT by HMRC Admin 25 Response
Hi kary,
Income from unauthorised unit trusts is taxed under income.
It is declared in box 17 'Other taxable income' of SA100 (tax return) page TR3.
Authorised unit trusts are taxed as dividends.
This is declared in box 5 'Other dividends - the amount received' of SA100 page TR3.
The online tax return will have boxes with the same name.
Thank you. 

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