Property Income Distributions (PIDs) from REITs

I received Property Income Distributions (PIDs) from REITs. As a higher rate taxpayer, I believe I'm liable to pay extra 20% on the income according to https://www.gov.uk/hmrc-internal-manuals/savings-and-investment-manual/saim5330. My questions are: 1. I do not normally complete a tax return, how do I inform HMRC so that they can adjust my tax code? 2. Is Property allowance of £1000 applicable to PIDs (https://www.gov.uk/guidance/tax-free-allowances-on-property-and-trading-income#insa) Many thanks

Hi,

Property income dividends are taxed as income and are shown in Page TR3 boxes 17 to 20 in SA100. They do not qualify for £1000 property allowance. You can see guidance here:

SAIM5330 - Dividends and other company distributions: UK Real Estate Investment Trusts: taxation of distributions

Thank you.

If a Hong Kong resident individual receives a distribution from a UK REIT, from which 20% UK tax was withheld, can the Hong Kong individual claim back any of the 20% tax from the UK Revenue? If so, is the entitlement to a refund pursuant to Article 10(2)(b) - Dividends Article - of the UK/Hong Kong treaty? Could you provide a link to the UK refund form, if applicable? Thank you.

Hi,

You can see guidance here:

Tax on your UK income if you live abroad

Thank you.