PIM1005 - Introduction: Property Income: Corporation Tax
Key Points on current rules
Current legislation for property businesses carried on through a corporate entity is within Part 4 CTA2009
Income from property profits and losses are computed in the same way as trading profits or losses as applied by s210 CTA2009
For rules on how companies can use losses from a property business please see PIM4230 onwards (and PIM4120 for Furnished Holiday Lets). The Furnished Holiday Lettings rules will cease to apply for accounting periods beginning on or after 1 April 2025.
The finance cost restriction rules introduced for tax years 2017-18 onwards on dwelling related loans do not apply to CT customers