Incorporated Social Club

Incorporated Social Club

Didn't find your answer?

I have recently taken on a client which is a Limited Company Social Club (by Shares).

I am aware of the corporation tax implications on Interest & Rent Received, but not sure if the profit on the sale of an adjoining property (formerly let) is subject to Corporation Tax.

Also, if the property was let to a member, is this income subject to CT.

Any advice would be welcome as my technical help is vague on the subject.

Many thanks

Replies (0)

Please login or register to join the discussion.

There are currently no replies, be the first to post a reply.