ThreeLion

hello @HMRC Admin10 I have a similar situation. My non-reporting funds do not distribute any of their earnings. So the net asset value of my units increases as time goes by. After disposing my fund holdings, I end up with a profit(a capital gain, effectively). Please could HMRC clarify whether UK capital gains allowance would apply to this profit? Or would it be considered as a simple 'foreign earning' and taxed at my highest income tax rate?