Judith Brua

Thank you, much appreciated.

We are a non-profit management company for a block of flats - shares owned by the individual leaseholders. We are now getting about £300-£400 a year in interest (gross) on monies held in a bank account. Back when interest was lower we only received about £30 a year and did not have to do any corporation tax returns etc. At what level do we start having to pay tax on this?