IFM09325 | Taxation of investors: Chargeable Gains: calculation

When investors in RIFs dispose of some or all of their units, any chargeable gain is calculated under the normal rules, subject to the rules applying to units in tax transparent funds, as modified for RIFs. The treatment is broadly comparable to the treatment of disposals of units in a CoACS.

There are special rules for the treatment of umbrella schemes (IFM09330) and co-ownership schemes that are neither a RIF nor a CoACS (IFM09335).