Ratter

Hello, I have an off shore UK reporting fund. I sold the holdings in 2023-2024 after the end of the reporting period. The assumed distribution date for the excess reportable income therefore falls in the tax year 2024-2024. Do I include the ERI in my capital gains calculation for 2023-2024 and then report the ERI as income in 2024-2025? Thanks

Hello, NIC4 is charged on the partnership income. Does the partnership income include the share of capital gains received from the partnership for the purpose of calculating the NIC4 charge? Thank you

Hello, Is an individual's income from a foreign partnership (sleeping partner) which has no UK income and for which all duties are undertaken outside the UK liable for NIC 2 and NIC4? Thank you

Do you need all workings for calculation of GBP value of foreign dividend, foreign interest income and foreign share distributions etc to be submitted as part of online SA filing? Thanks

I own a couple of swiss ETFs. They are have UK reporting status as transparent funds and distribute dividends. I receive reports with the relevant income (classified as dividend, interest, etc) over the relevant reporting period. I assume I report this income on the "fund distribution date" date 6 months after the end of the reporting period. However during the relevant reporting period, the funds also distributed dividends. How do I incorporate the dividends with the income reported on the "fund distribution date". a) Do I just reduce dividends by the amount distributed by the fund during the relevant period? b) Which exchange rates do I use given the exchange rate on the actual dividend date is different from that on the "fund distribution date" for the relevant period.