This site uses cookies. By continuing to browse the site you are agreeing to our use of cookies. To find out more about cookies on this website and how to delete cookies, see our Cookie Policy.
Analytics

Tools which collect anonymous data to enable us to see how visitors use our site and how it performs. We use this to improve our products, services and user experience.

Essential

Tools that enable essential services and functionality, including identity verification, service continuity and site security.

Where Taxpayers and Advisers Meet

Investment company

SYR
Posts: 41
Joined: Tue Dec 13, 2011 12:22 pm

Investment company

Postby SYR » Wed Sep 12, 2018 1:01 pm

A company was set up to purchase commercial and residential properties for investment purposes (rental income).

Please advise if legal and other costs for "abandon" projects are corporation tax deductible. Reason is too costly to renovate (after survey), costs include surveyor fees, management accounts etc

Return to “Company Taxation”