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Posted Sat, 15 Oct 2022 12:38:28 GMT by lk chow
I have an investment fund account in Hong Kong. I received monthly income from the funds. Some funds invest mainly in stocks , some mainly in bonds and one invests in both. Should I classified the income as dividends or interests?
Posted Thu, 20 Oct 2022 08:09:47 GMT by HMRC Admin 19

Dividends arise from shares, and interest from savings and bonds. They should be declared separately, as they both attract different rates of tax.

Thank you.

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