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Do You Pay Tax On Accumulation Unit?|DNS Accountants

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Yes, Accumulation Units are taxable. This type of scheme or fund in the UK reinvests the net amount, amount after taxes.The taxation of the accumulation units will be decided by the law. Understand the difference between income and accumulation fund.
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Vidit Agarwal DNS Accountants is an award winning UK based accountancy firm that provides full range of accountancy services, payroll accounting, bookkeeping, self-assessment tax return, year-end accounting service to contractors/freelancer/sole trader and private limited companies across the UK. Posting for 3+ years

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