Property Investment Company

I have a client who owns a property through his limited company and rents the property out and so the only asset in the balance sheet is the property. I have always thought that this would be classed as an investment company and therefore Corporation Tax at the main rate would be payable but from reading various material it appears that this is not the case and I wondered if someone could clarify this for me please. Thanks.

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Depends ...

BKD |
BKD's picture

Thanks. It's being let to a

alysond |

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blok |
blok's picture