Hi all, trying to find out if T212 recovers the 20% witholding tax suffered by the likes of Property reits, when you hold the stocks inside an ISA. Freetrade used to periodically recover this for investors and pay it over. Can’t seem to see the same with T212. It is this sort of tax on income and d…

Hi I asked this when I first joined as I had switched from Freetrade and was scarred by their terrible way of doing this. As far as I know on T212, they simply pay the amount without deducting the 20% tax.

Ah right, i guess if its in an ISA then that might be the right way. Still suspicious that we receive 20% less than we should.

[image] TStarr: Still suspicious that we receive 20% less than we should Ah, I’ve never noticed that, I’ve always factored in a 15% withholding tax with all US stocks, unfortuantely that’s still payable even within an ISA. I’ll have a look out for it next time I get a US REIT payment.

My problem is UK Reits. Got used to Freetrade making a big show of reclaiming tax on several stocks or funds, usually a couple of months after divi paid. Bit surprised no mention on T212.

Ok, as far as I know, UK REITs are paid in full. Hence why no mention I suspect, but I’ll look out next time to check the exact amount of payment.

Just had this reply from T212 - At this time it is not in our service to recover applied withholding taxes. So anyone with a REIT is losing 20% of their income, compared to holding them in say Freetrade. This could be a dealbreaker. Going to do sums, but this could cost.me £200 over a year.

That’s interesting, according to this post from 2023, T212 stated that they pay PID’s at 100% gross with no deduction of WHT [image] REITs and PID at T212 📊 Investing Hey, @1anrs person_raising_hand We pay property income distributions in 100% gross amount with 0% tax t…

I mean there’s one way to ultimately check, and that is to look at a dividend receipt on a REIT in an ISA. What you said was my understanding anyway but perhaps OP has seen different on calculating dividends in their account?

V interesting. I do have my doubts about the competence of individuals on T212 Live Chat, as getting nonsense on Isa transfers and allowances. Before i pull my Isa investments, i will carefully review the next distribution. Have checked and seems i have 5 Reits and would be losing nearly £200, so wo…

Yes, it was me who asked that question in that thread because of my Freetrade experience. I’ll have a look next time I get one but would probably be a deal breaker for me if it wasn’t recovered.

Recovery of tax on Property REITs

💬 Trading 212 chat

IrnBru March 17, 2025, 8:00pm 8

That’s interesting, according to this post from 2023, T212 stated that they pay PID’s at 100% gross with no deduction of WHT

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Recovery of tax on Property REITs

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