Company is thinking of moving premises to a unit which is mortgaged in name of co-directors.
Company will be paying rent to the directors at market rate
Is the company required to complete a Ct61 or is this optional?
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Is the company required to complete a Ct61 or is this optional?
Why would a requirement to deduct tax be optional? Who would opt in?
Is there a requirement to deduct tax from rent payments?
https://www.gov.uk/government/publications/corporation-tax-return-of-inc...
Do consider the possibilities with using BADR in the future before deciding that rent definitely ought to be charged.