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Ask the Tutor ACCA TX-UK

Dormant company

Former userFormer user6y ago

[Content removed at user request]

TTTax Tutor6y ago#1
No activity - you will not have to define it but simply know that if a subsidiary company is stated to be dormant (throughout the AP) then it is NOT treated as a related 51% group company for purposes of determining the relevant profit limit for use within the group
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