Unit trust - interest re-invested, not 'received'?

A client holds a number of shares in a unit trust which distributes interest rather than dividends. 

Rather than being 'paid' the interest, however, the distribution is re-invested into the fund to increase the unit value. 

Does the distribution count as 'interest received' for the purposes of their tax return? TRG7 is not helping me!

Many thanks, 

 

 

Comments
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Interest re-invested

lorraine.hunter |

Cunning indeed.

vicadm |