I have a GIA.

Each year I get a consolidated tax certificate for UK income which is made up of:

Uk Equity Dividend
Uk Unit Trust Dividend
Uk Unit Trust interest

I can easily track the UK equity dividend as it comes through my transaction reports, easy to sum the individual transactions. Uk Unit trust dividend and UK Unit trust interest there are no transaction entries but they can add up to pushing me into a higher rate tax bracket. I can manage this by reducing my SIPP pension take in the last 2 months but I need a forecast as to what Uk Unit trust dividend and UK Unit trust interest will be and I can’t find that anywhere on II and they have been less than helpful thus far in explaining where these numbers come from. I see no additional cash and so assume it just ups the accumulation price of the unit trust.

I simply do not like having these numbers given to me after the end of the tax year without some forecast as to what they are likely to be so allowing me to plan. In addition if these number are indeed income then it can be added to total income to assist when claiming excess income with respect to giving for IHT purposes. Which beings me to the final point, income from Isa’s can be included as income when declaring excess income for IHT purposes. When you have a GIA these numbers are highlighted (admittedly after the event) but they are highlighted yet with an ISA there is no consolidated tax certificate issued and so this additional income is not reported and so cant be used when claiming excess income.

Two questions.

Are my interpretations of income from GIA (visible but late) and ISA (not visible) correct
Has anyone else found this an issue?