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What you need to know about UK Reporting Fund Status
Learn more about UK reporting fund status, how to register and answers to key questions from fund managers and investors.
UK individual investors in certain non-UK funds (offshore funds) are taxable on their investment gains in two contrasting ways, at rates of either 24% or 45%*.
The lower tax rate is only available to individual investors in funds which have elected into the UK’s tax reporting regime, known as UK Reporting Fund Status (UK RFS). Institutional investors, including funds of funds, can also benefit when a fund has reporting fund status.
Applying for reporting fund status is entirely optional and can only be done by the fund manager or investment advisor. It has a profound impact on post-tax investment returns for UK investors.
This document introduces the UK RFS regime, explains how we can help you register and answers many of the common questions that fund managers and investors ask us.
*A higher rate of 48% applies in Scotland.