IFM03410 | Tax treatment of investors in qualified investor schemes (QISs) and long-term asset funds (LTAFs): Basic position
From HM Revenue & Customs · Investment Funds Manual
Tax treatment of investors in a QIS or LTAF
The tax treatment for all investors in a QIS or LTAF which meets the GDO is the same as if they had invested in a UK UCITS or non-UCITS retail fund – see IFM03100.