CORPORATION TAX - BUDGET 2021
Campaigning and Policy

Pradip
Pradip
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2 Posts
6 months ago
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The new corporation tax rate and limits only apply to TRADING COMPANIES from 2023.

This means from 2023 ALL landlords that have properties in a Company, with rental income , will have to pay 25% corporation tax regardless the level of profit as the %C2£50,000 limit will not apply to the investment company.

Is this a way of getting back at the landlords that have put residential properties into a company to avoid the limit on interest relief.

URGENT ACTION NEEDS TO BE UNDERTAKEN ON THIS

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