IN PLAIN ENGLISH
The payout a UK REIT makes from its tax-exempt property profits, taxed as property income.
WHERE YOU MEET IT
Recorded as an ordinary dividend, at the declared amount per share.
WATCH OUT FOR
Outside an ISA or pension, tax is usually taken off first, so the cash you get can be less than the app shows.
EXPLAINED IN
Educational content only. It is not personal financial advice.