
UK REITs withhold 20% from Property Income Distributions.
Foreign investors entitled to relief under a double tax treaty
can recover the excess — going back up to four years.
GTR manages the entire process. You pay nothing unless we recover.
UK law requires 20% to be withheld from all Property Income Distributions before payment reaches you — regardless of where in the world you are based.
Under your country’s treaty with the UK, your effective rate is likely lower than 20%. The difference is sitting with HMRC — legally yours to recover.
We manage all documentation, correspondence, and filing. You provide data. We handle everything else — and only charge once we successfully recover.
A member of our team will be in touch within one business day.
No obligation, no upfront cost.


Consider a UK investor holding shares in a Swiss-domiciled company. When that company pays a dividend of £1,000, Swiss tax law requires an immediate withholding of 35% (£350), applied automatically regardless of who the shareholder is.
Because of the Double Tax Agreement between the UK and Switzerland, however, that investor is entitled to a reduced rate of 15% (£150) on the same dividend.
This leaves a shortfall of £200, the difference between the standard 35% withholding and the 15% treaty rate. That £200 is fully recoverable, but it sits with the Swiss tax authority until the correct claim procedure has been completed and all conditions have been satisfied.

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| Date | Div-Type | Frequency | Ex-Date | CCY | Gross |
|---|---|---|---|---|---|
| 2025 | PID (Property Income Distribution) | Quarterly | 2025/10/23 | GBP | 0,009212747 |
| 2025 | PID (Property Income Distribution) | Quarterly | 2024/12/19 | GBP | 0,03 |
| 2024 | PID (Property Income Distribution) | Quarterly | 2024/11/14 | GBP | 0,003 |
| 2024 | PID (Property Income Distribution) | Quarterly | 2024/08/15 | GBP | 0,0045 |
| 2024 | PID (Property Income Distribution) | Quarterly | 2024/05/16 | GBP | 0,01 |
| 2024 | PID (Property Income Distribution) | Quarterly | 2024/02/08 | GBP | 0,00398 |
| 2023 | PID (Property Income Distribution) | Quarterly | 2023/08/17 | GBP | 0,01 |
| 2023 | PID (Property Income Distribution) | Quarterly | 2023/05/18 | GBP | 0,01 |
| 2022 | PID (Property Income Distribution) | Quarterly | 2022/11/10 | GBP | 0,001806 |
| 2022 | PID (Property Income Distribution) | Quarterly | 2022/08/11 | GBP | 0,01 |
| 2022 | PID (Property Income Distribution) | Quarterly | 2022/05/12 | GBP | 0,01 |
| 2022 | PID (Property Income Distribution) | Quarterly | 2022/02/10 | GBP | 0,00791 |