Business tax – guidance

Authorised Investment Funds: Interest Distributions and Property Income

The effect of receiving income from land and buildings on an Authorised Investment Fund which otherwise qualifies to make an Interest Distribution.


This document describes a change the government intends to make to the Authorised Investment Fund (Tax) Regulations with respect to interest distributions. It also covers HMRC’s view on the position where funds have inadvertently described distributions incorrectly in the past.