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Where Taxpayers and Advisers Meet

Excess Reported Income

NonDom41
Posts:49
Joined:Tue Nov 28, 2017 3:03 pm
Excess Reported Income

Postby NonDom41 » Wed Oct 07, 2020 5:26 pm

The so-called "Excess Reported Income" from a foreign reporting fund has to be declared on the UK-income tax return. Is this "Excess Reported Income" subject to income tax or capital gains tax ?

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