Peter de Groot
-
RE: What causes an LTD to lose its dormant status for HMRC
We have a Property Management Company (a so called Residential management company run by resident directors, non-profit) which is Dormant. We have earned a small amount of interest on a bank account and were wondering how much interest could we earn before we might lose our Dormant status. To be clear, we have no other Income (other than the Service charges we receive in trust to cover the expenditures).