Brother_Luke

Hi yes I did look at the guidance. Unfortunately, it didn't contain that information. Nor was there any clear guidance on Self Assessment submission. I tried calling HMRC but the queue is seriously long. I only need to work out where to declare the tax paid on sale of non reporting mutual funds on the SA form and whether it qualifies for FTCR. I can then submit my Self Assessment. Thanks,

Hello. This year I am trying to add sales of overseas non-reporting mutual funds to my SA. I understand this will be taxed as income not CGT. Please could you clarify where on the online SA form I would put this and how do deduct the tax I paid on it overseas. For example I had a gain of £2000 on which I paid £200 tax. On Box 52 of ‘Overseas Income and Gains’ there is only a box for ‘Gains’ and no mention of tax paid. Can I use ‘Interest and Other Income from overseas’ in foreign section instead where I am able to specify the tax paid? As it is not charged to CGT - does tax paid on non-reporting funds qualify for income FTCR? Thank you