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Thank you. This is what I suggested as well.
I found this on the HMRC website:
Property Management Companies
HMRC may apply this treatment to your property management company if, as well as meeting all the criteria laid out in the previous sections, it meets all of the following additional...
Hello,
I wonder if anyone can help me.
The company in question acts as residents' property management company in respect of a building with a number of flats. Its Financial Statements state that:
"The company is not chargeable to tax other than in respect of investment income"
For the year...