For the ISA, JISA and Collective Retirement Account, distributions are received gross with no further personal liability to tax on them.
For the Collective Investment Bond, the life fund is subject to corporation tax so distributions are invested net into the bond.
For the unwrapped Collective Investment Account, all distributions are received gross. We issue tax vouchers to customers in May for the preceding tax year. This allows clients to disclose the income in their tax returns where appropriate.