Tax on disposal of US Exchange Traded Funds (ETFs) in Singapore

Dear Sir/Madam, Hope this message finds you well. I bought several US Exchange Traded Funds (ETFs) several years ago, and kept them in my offshore bank account in Singapore. May I ask the following: 1. I sold these ETFs in September 2024, with a net gain. How should I report these gains in self assessment to HMRC? Should I fill in the Capital Gains Tax Summary (SA108)? 2. I have received dividends from these ETFs. Should I fill in the 'Dividends from foreign companies' in the Foreign page (SA106) to report these income? Thank you very much for your help. Kind Regards, Alex Lam

Hi,
ETFs are treated the same way as traditional investments for tax purposes, which means you may need to pay capital gains tax if you earn a profit.
Any gain should be declared on the SA108.
When you invest in an ETF, you may receive dividends if companies within the fund pay them.
Dividend payments vary in frequency and amount, depending on the specific strategy of the fund and the stocks within it.
Dividends received from ETFs are considered taxable income.
The tax you pay depends on the dividend amount and your personal circumstances.
Dividends should be reported under UK or foreign dividends
Thank you.