Any platform where I can buy funds?

pioruns wrote: »

That's really odd. In the UK, you just put things into ISA/SIPP and forget about it, no reporting needed whatsoever.
Which country forces you to do this?

In the UK, *if* you are UK resident and domiciled, you just put things in and forget about it with no tax reporting. But an ISA is a UK device which only protects from UK tax. It doesn't protect against foreign tax.

So, it stands to reason that if you were resident in some foreign country X who levied taxes on their residents' worldwide income and gains (or not resident in that foreign country, but subject to their citizenship-based taxation), the ISA would not exempt you from tax in X or from reporting of assets to X

At the same time, that other country X might have a tax wrapper available that could protect your income and gains and assets from that country's taxes, but such a wrapper may not work to protect you on UK's or other third country Y's foreign taxes on those assets, incomes and gains, and there may be limits on what you can put into it when.

However, I stil think buying a specific whole number of income shares to see what income would have been available for distribution if your main holding of ACC shares had been a different share class with a different NAV pier share, which it wasn't... is a pretty useless thing to do. Especially when the NAVs and distribution-per-share figures of Income units are published anyway.

And if looking simply at what yield per share the Inc class offers as a proxy for what the Acc units *might* be accumulating - there is nothing about whole units of shares that helps you find the yield per share. The yield percentage is just what dividend got locked in on ex div day, divided by what the NAV was at that point; both pieces of data being public domain info.