Real estate investment trusts (REITs)
Accounting
Accounting periods and businesses
Capital allowances on entry, cessation and movements across the ring fence
Generally accepted accounting and owner-occupation
International accounting standards and valuation
Stapling
Accounting period
Balance of business
Breach of conditions
Company, conditions for
Distribution of profits
Financial statements
Groups
Property rental business
Anti-avoidance provisions
Artificially manipulated commercial arrangements
Assessments
Basic terms
Becoming, requirements for
Accounting period
Breach of conditions
Duration of status
Notice for a company
Notice for group of companies
Breach of conditions
Calculation of profits
Cancellation of tax advantage
Charge to tax
Charities
Conditions for balance of business
Artificially manipulated commercial arrangements
Conditions for tax-exempt business
Artificially manipulated commercial arrangements
Breach of conditions
Conditions for the company
Breach of conditions
Generally
Termination by notice
Conditions to be met in first accounting period and thereafter
Balance of business
Companies
Financing cost ratio
Property rental business
Deduction of tax at source
Demergers
Disposal of assets
Generally
Groups, company leaving
Disposal of assets and movements across the ring fence
Distributions
Attribution
Conditions as to
Deduction at source
Deduction of tax
Exceptions
Excluded shareholders
From one UK REIT to another
Generally
Holders of excessive rights
Liability to tax
Post-accounting period
Recipients, liability to tax
Stock dividends
UK REIT investment profits
Distributions, stock dividends alternative to/combination with cash dividends
Chargeable gains
Meaning of distribution
Property rental business, exclusion of business producing listed income
Valuation of stock dividend as its cash equivalent
Dividends
Duration of status
Entering the regime
Capital allowances
Effects of entry
Entry charge
Notional amount of income
Entities to which legislation applicable
Entry charge
Entry procedure
Company requirements
Giving notice
Property-rental business
Financial statements
Financing costs and income
Funds awaiting reinvestment
Funds waiting reinvestment
Gains on disposal of assets
Change of use of assets
Charge to tax
Deemed disposal and reacquisition, effect of
Demergers
Disposal of assets
Interpretation
Ring fence, movement of assets into
Generally
Groups
Accounting periods
Balance of business
Basic terms
Conditions to be met in first accounting period and thereafter
Corporation tax
Disposal and movement of assets across the ring fence
Distributions
Entry charge
Entry procedure
Financial statements
Financing-cost ratio
Meaning
Post-accounting periods
Property rental business
Reliefs availability
Ring-fencing of property rental business
Shares, conditions relating to
Tax rules
Tax-free uplift for capital gains
Termination
Insurance companies
Interpretation
Joint venture companies
Accounting periods
Balance of business
Conditions to be met in first accounting period and thereafter
Corporation tax
Disposal and movement of assets across the ring fence
Distributions
Entry charge
Entry procedure
Financing-cost ratio
Property rental business
Tax rules
Tax-free uplift for capital gains
Joint ventures
Additional entry charge
Balance of business, conditions as to
Beneficial interest, percentage of
Equity holder, meaning
Financial statements
Gains, modifications
Groups of companies
Joint venture company notice, conditions to be met
Joint venture group notice, conditions to be met
Meanings
Overview
Profits, modifications
Leaving the regime
Automatic termination
Capital allowances
Early exit
Effects of cessation
Overview
Termination by notice
Legislation
Liability to tax
Loan relationships
Manufactured dividends
Non-UK company, meaning
Parent-Subsidiary Directive
Penalties for early exit
Post-accounting periods
Profits
Calculation
Charge to tax
Financing-cost ratio
Property financing costs, meaning
Property profits, meaning
Property income
Property rental business
Accounting period, conditions to be satisfied
Exclusion of business producing listed income
Exclusion of listed business
Generally
Meaning
Ring-fencing
Regulations, power to make
Related persons, regulations
Residual business, meaning
Returns
Ring-fencing of property rental business
Stock dividends
Tax advantage
Tax rules
Tax-free uplift for capital gains
Termination
Applicable provisions
Automatic
Early exit
Leaving, notice given to HMRC
Voluntary
Termination by notice
Balance of business, breach of conditions
Cancellation of tax advantage
Early exit
Generally
Group or company
Multiple breaches of conditions
Officer of Revenue and Customs
Property rental business, breach of conditions
Serious breach of conditions
Time of cessation
UK company, meaning
UK property rental business of non-UK companies
