IFM05100 - Investors in property authorised investment funds (PAIFs): introduction

In accordance with the principles set out at IFM04110 distributions made by a PAIF must be split into three pools.

IFM05300 sets out the rules which must be followed in allocating the income of the PAIF to each type of distribution.

»Ê¹ÚÌåÓýapp tax treatment of each type of distribution in the hands of different investors is set out in the following pages as follows:

  • Investors within the charge to CT (generally companies) - IFM05400.
  • Investors within the charge to IT (generally individuals) - IFM05510 to IFM05540.
  • Non-resident investors - IFM05600.