CF

Hi HMRC, thank you for your response. I reckon from the reply that the capitol component of a REIT distribution, for which gain is derived from the trust selling off properties, is also regarded as income. Is this correct?

Hi, thank you for your reply. May I follow up with the question if "distribution" from a "non-reporting offshore ETF" that invest in "cryptocurrency futures" is also taxable in the same way as bonds, i.e. as interest income, or should be taxed under miscellaneous income? Much appreciated if you can shed some light on this issue.

Hi HMRC, For non-reporting offshore ETFs, it is understood that the type of income from distributions generally depends on its asset class, e.g. bond --> interest, equity --> dividend. Please correct me if I'm mistaken. In this regard, for a non-reporting offshore ETF trading cryptocurrencies, should the distributions be filed under "interest", "dividend" or "miscellaneous" during tax return? Thank you. Regards, CF

For a foreign REIT, there are 2 separate distributions announced at the same time, one being an "income component" and another one a "capital component" (from a return of capital). For these distributions, should both be reported under the section "Income from land and property abroad" in Form SA106? Or should the "capital component" be reported elsewhere under CGT? Thank you.