Non-UK resident companies with UK Property Rental Business Income

Can someone please confirm my understanding: From 1 April 2023, non-UK resident companies (or UK incorporated companies which are non-UK resident as they are managed and controlled outside of the UK) cannot benefit from the small profits rate and so all their UK property rental business profits are subject to Corporation Tax at the main rate of 25%.

Hi,
 

Non-UK resident companies within the charge to Corporation Tax on UK property business income are chargeable to CT at the main rate of 25% and would not be entitled to the small profits rate of tax or marginal relief. Thank you.