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Corporation Tax

Definition

Tax paid by limited companies on their profits. For property investment companies, the rate is 19% on profits up to £50,000 and 25% above this threshold (as of 2024). Companies can deduct full mortgage interest and other business expenses before calculating taxable profits.

Mortgage Interest ReliefDividend TaxSPV (Special Purpose Vehicle)Limited Company MortgageCompany StructureSection 24Capital AllowancesAnnual Investment Allowance (AIA)

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