Is Income from Funds Classed as Dividends e.g. used against the £2k Allowance?

davethebb

Is the income from funds like Invesco High Income classed as dividends WRT the £2k annual allowance or is it strictly dividends from individual companies? 

kuratowski

Yes fund distributions are classed as dividend income.  (Except there are a few cases where it can be classed as interest i.e. bond funds.)

https://www.hl.co.uk/help/income-and-loyalty-bonus/income/interest-funds/how-do-i-know-which-fund-pays-a-dividend,-and-which-pays-interest

davethebb

Thanks Kuratowski.