Adviser guide on REITS tax treatment launched

The guide, which is aimed at financial advisers and investors, contains detailed tax information not readily available from any other source. It explains the tax advantages of holding REITs either directly or in collective investments, such as unit trusts, ISAs and Child Trust Funds compared with holding investments in other UK property companies. Philip Fry, Reita programme director, says the taxation of property investments can be very complex as there are so many routes to access property as an asset class. "Particularly as we are now beginning to see some signs of upturn in the...