Mike
Member of DD Central
Posts: 651
Likes: 446
|
Post by Mike on May 9, 2018 8:15:22 GMT
Can anyone advise how investments are structured (for tax purposes)?
I see this is shares-in-a-SPV but:
- is the 'rent' a dividend from a profitable (and valuable) SPV and so taxed at dividend rates (too much for me). And if so how is the 'rent'/dividend calculated on a daily basis where shares are bought/sold mid-month as stated in FAQ or - is it repaying a loan the investor makes to the SPV they own shares in (maybe no tax to pay until exit where return could be a CG) or - some other structure (interest bearing loan maybe)
These property investments websites often have a very poor description of what 'investments' actually consist of; and I can't find the info on the uown site...
|
|
marka
Member of DD Central
Posts: 224
Likes: 175
|
Post by marka on May 9, 2018 15:03:38 GMT
Its a dividend.
If you own the shares for a part month you get a pro-rata divi.
|
|
Mike
Member of DD Central
Posts: 651
Likes: 446
|
Post by Mike on May 9, 2018 16:02:53 GMT
That's frustrating.
I also didn't know that 'pro-rated dividends' were legal in the UK -- can any UK company declare a dividend in this way legally such that shareholders are paid based on the length of time the shares have been held?
|
|