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About Primary Health Properties plc
This real estate investment trust (REIT) specialises in primary care buildings in the UK. Their biggest tenant is the NHS. Property income distributions (PIDs) paid by UK REITs are subject to a 20% withholding tax. PIDs paid into ISAs are tax-exempt. Freetrade will reclaim the withholding tax and distribute to ISA holders approximately 30-60 days after the PID is paid.
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