Many years ago i did know the answer to this myself but with me having to now invest outside my ISA (maxed out ) i am trying to clarify if indeed TR Property distributions are PID or NON PID. I was previously under the impression that they were NON PId and hence were taxed as dividend income, not income tax.
I would appreciate if anyone that is in the know to confirm.
I did in the first instance call the TR Property phone number on their website but there is no answer, tried six times.
Cheers
Raji
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Are TR Property trust distributions NON-PID or PID
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- Lemon Half
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Re: Are TR Property trust distributions NON-PID or PID
RajK wrote:Many years ago i did know the answer to this myself but with me having to now invest outside my ISA (maxed out ) i am trying to clarify if indeed TR Property distributions are PID or NON PID. I was previously under the impression that they were NON PId and hence were taxed as dividend income, not income tax.
As far as I can tell from a Google search, TR Property is an Investment Trust which holds Property Companies, not a REIT which would hold properties directly. PID would not be applicable.
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- The full Lemon
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Re: Are TR Property trust distributions NON-PID or PID
PIDs only apply to dividends from REITs. Surely TR Property Trust is an investment trust and not a REIT so they are just ordinary dividends. In any case, when a REIT declares a dividend it will tell you if the dividend is a PID or not. It could be or not or could be part PID and part not.
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Dod
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Re: Are TR Property trust distributions NON-PID or PID
TRY invest in companies that are REITS and receive some of their income in the form of PIDs.
See page 41.
https://www.fundslibrary.co.uk/FundsLib ... V1UoMl&r=1
They distribute ('conventional') dividends as they are an Investment Trust.
See page 41.
https://www.fundslibrary.co.uk/FundsLib ... V1UoMl&r=1
They distribute ('conventional') dividends as they are an Investment Trust.
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