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  • Gains on non reporting ETP's

    I am a UK resident with a UK stockbroker "non tax protected" dealing account. I have two questions regarding the treatment of 'offshore' (Luxembourg) Exchange Traded Fund (EFT) gains which I recently purchased and then sold. The EFT's are non reporting. My understanding is that any gains on disposal are treat as income (rather than as Capital Gains) Question 1 - Do I report such gains in Box 41 of SA106 (2021)? The notes Question 2 - When calculating gains can you confirm that the calculation method is the same as usual in terms of share matching rules Firstly - Shares acquired on the same day as the disposal (same day rule); Secondly - Shares acquired in the 30 days following the disposal (bed and breakfasting rule) Thirdly - Pooled shares (Secion 104 holding) Thank you very much