📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Stocks & Shares: General Investment Account - Tax question

13»

Comments

  • droopsnoot
    droopsnoot Posts: 1,872 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You will get an annual tax voucher from your GIA provider which tells you any taxable distributions on the account, and you'd use these figures to report to HMRC - I do that as part of my self-assessment, but if you don't do an SA I'm not sure how they get reported. 
  • InvesterJones
    InvesterJones Posts: 1,233 Forumite
    1,000 Posts Third Anniversary Name Dropper
    You will get an annual tax voucher from your GIA provider which tells you any taxable distributions on the account, and you'd use these figures to report to HMRC - I do that as part of my self-assessment, but if you don't do an SA I'm not sure how they get reported. 

    There's an option to report it in the personal tax account.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.3K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.7K Spending & Discounts
  • 244.2K Work, Benefits & Business
  • 599.4K Mortgages, Homes & Bills
  • 177.1K Life & Family
  • 257.7K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.