Skip to main content

This is a new service – your feedback will help us to improve it.

Posted Fri, 03 Mar 2023 12:12:46 GMT by David Brodie
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%.
Posted Tue, 14 Mar 2023 10:36:14 GMT by HMRC Admin 17

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.

You must be signed in to post in this forum.