Jalal
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RE: Non-Reporting Fund
Good afternoon, I would appreciate it, if you could clarify the following two points: 1) If a an individual makes a capital gain from a non reporting fund and he received it; the gain made, will be subject to capital Capital Gain Tax "CGT" or because the capital gain is from a non reporting fund, then, this will be subject to Income Tax as any other employment or professional income. 2) If this will be subject to normal income tax, is there any way/alternative/option to be treated as Capital gain in order to benefit from the CGT annual allowance as this is more convenient for the tax payer. Thank you.