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Tax on Money Market Funds distributions

Posted Tue, 18 Jul 2023 14:11:03 GMT by
Hi, I hold an account with Degiro. They hold my "cash position" in an MMF. See https://www.degiro.co.uk/helpdesk/about-degiro/how-my-money-held. According to their annual report, I received 27 in "Money market funds distributions in GBP". The funds in question are "Morgan Stanley USD Liquidity Fund" and "Morgan Stanley GBP Liquidity Fund". Do I need to report this income on my self assessment? If so, where?
HMRC Admin 20 Response
Posted Thu, 03 Aug 2023 13:56:20 GMT by HMRC Admin 20 Response
Hi N4512414,

Please have a look at HS265 helpsheet.
Morgan Stanley is on the approved offshore reporting fund list, income from a fund would be shown on the foreign page SA106.
HS265 Offshore funds

Thank you.
 

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