Company owns the freehold of a three-flat building. One flat owner owns all 3 shares at the moment.
Most transactions are purely to do with the maintenance of the property, though ground rent is charged at £150 p.a. per flat.
In doing the CT return, is the ground rent taxable?
All my other property maintenance companies don't charge ground rent, and no CT is chargeable.
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Ground Rent
We have a few maintenance companies, the ground rent goes as member contributions, and is exempt in the CT Comps. So no CT is chargeable.