Reporting Fund Status – Reportable Income

Certain share classes within M&G’s Retail Fund range have obtained UK Reporting Fund status for UK tax purposes.

If you are an investor in a share class with this status, you should prepare your UK tax return using information posted on this website to calculate and report your respective total Reportable Income to HMRC. The Reportable Income information will be updated annually for each fund, at a time depending on the fund’s accounting period.

Reportable Income is the amount per share of all distributions paid during the fund’s accounting period. To the extent that the fund’s Reportable Income exceeds the amount actually distributed, there will be an additional deemed distribution of income (called Excess Reportable Income). For UK tax purposes, investors are treated as receiving income on the Fund Distribution Date which is 6 months after the fund’s accounting period. Investors should therefore include this income in their UK tax return for the tax year which includes that date.

You can find the full list of share classes with UK Reporting Fund status on HMRC’s website:

www.gov.uk/government/publications/offshore-funds-list-of-reporting-funds