Once a year, we send you a summary of the income you received from investments in your Cushon general investment account (GIA).
Your investment tax voucher covers a single tax year, 6 April to 5 April. You can expect to receive it shortly after 5 April each year.
What is your tax voucher for?
The tax voucher helps keep your tax records accurate. You will need it if you fill in a self-assessment tax return, for example if you are self-employed or a limited company director.
How to understand your tax voucher
The investment tax voucher shows income from the collective investment funds in your GIA.
Types of collective investment fund
The terms AUT and OEIC refer to types of collective investment fund linked to your dividends and interest. Both are treated the same way, so you do not need to know the difference.
- AUT means authorised unit trust.
- OEIC means open-ended investment company.
Dividends and interest
Your tax voucher shows two income types: dividends and interest.
Collective investment funds can receive both types of income. The breakdown on your voucher follows the rules for the funds.
- Dividends are profits paid to shareholders.
- Interest is income from cash or cash-like investments.
Received and equalisation
Each number includes a received figure and an equalisation figure.
- The received figure is how much you earned from each income type.
- The equalisation figure is income your investments earned before you bought them.
Will I get multiple tax vouchers if I have several GIAs?
You receive one tax voucher from Cushon, no matter how many GIA accounts you have. This makes it easier to see the total values you need for your tax return.
If you have investment accounts with other providers, you will receive a tax voucher from them. Include information from all vouchers on your self-assessment tax return.
What tax will I pay on the income in my tax voucher?
How much tax you pay depends on your salary, pension, rental income and other investments. For full details, check with HMRC.
Your capital is at risk when investing. Eligibility criteria and terms apply. Tax treatment depends on your individual circumstances and the rules may change.