Re: IT income - 'dividend' or 'savings' income for tax purposes??
Posted: March 1st, 2024, 7:36 pm
Lootman wrote:Isn't it best to hold REITs in an ISA? Then not only do you not have to worry about their special tax treatment, but ISAs can still reclaim a tax credit for REITs in the way that they used to be able to do for ordinary shares?
Depending on how the ISA provider's nominee structures the holdings, the ISA account either gets credited gross to start with, or will be credited net and then it later should get the tax reclaim.