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Tuesday, 28 June 2011 18:15

The UK introduced REIT legislation in 2007 which requires that REITs must : -


Distribute at least 90% of rental income (“Property Income Distributions”) to shareholders (to avoid Corporate Income Tax), and

Ensure that they have 125% rental income cover to debt interest, and

Companies changing to this business structure must pay a one-time tax to the government of 2% of their gross assets.

Ensure that 75%+ of assets are property investments, and

Ensure that if / when they engage in property development, it is for long-term (3 years+) investment purposes.

DOWNLOAD - Tax Situation of UK Real Estate Fund Structures - Link

Last Updated on Monday, 17 November 2014 02:29