REITS and Taxes15 Jun 2021 12:04
Could someone tell me if my understanding is correct please :
Reits pay 20% tax at source on our dividends, so theres nothing for me to do when it comes to my Tax return (assuming im not a high income earner ie over 50K) or should i be trying to claim some of this back somehow, given that dividend tax on a normal share is 7.5% (under 50K).
I thought Reits were suppose to be more tax efficient.
Thanks