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  • receivables from Investment Account unit trust bond holdings, dividends or foreign interest?

    I'm a basic rate tax payer. In my latest Self Assessment I inputted receivables from my Investment Account unit trust bond holdings as dividends. They were characterised as Cash Dividends on my service provider's Transactions Summary report. Looking through a recent summary report of theirs I see they characterise the receivables as Foreign Interest. Should I be restating my Self Assessment please?
  • capital gain from a unit trust sale, bed and breakfasting

    Thank you for this service. If I sell some units from a unit trust holding, to work out the capital gain do I first need consider the price paid when a dividend is automatically reinvested 20 days later before working out the average price paid for units over time?
  • Living in South Africa as a UK tax resident, confused by SA109

    I left the UK for South Africa at the end of 2018 and bought a house in SA at the start of 2019. I am UK domiciled and a UK tax resident. I do not work in South Africa. I live off my UK savings, interest on savings, rent from a Spanish property and dividends earned from fund holdings acquired whilst working in the UK. I have completed HMRC self assessment returns each year since my move. I now realise I should have completed a P85 by now ... this will accompany my 23/24 self-assessment return. I sold my home in SA at the end of 2023, put the proceeds on deposit in South Africa and now rent. The SA house has been my only disposal in 23/24. Am I right that my 23/24 self assessment return should only include SA100, SA106 (Foreign) and SA108 (CGT summary) with accompanying computation sheet plus the P85? I ask because I've gotten myself confused by SA109 ... is this form relevant to me or not please? Thank you very much in advance.