The residential property developer tax (RPDT) is charged as if it were an amount of corporation tax. All rules applying generally to corporation tax, also apply to RPDT for administrative purposes1, subject to any necessary modifications.
No deduction is available in respect of RPDT when calculating profits or losses for corporation tax purposes2.
In addition, no account is to be taken for payments made for the use of joint venture company losses, RPDT group relief, or RPDT group relief for carried forward losses when calculating profits or losses for corporation tax. Furthermore, payments of this kind are not to be regarded as a distribution3.
RPDT statement
A residential property developer must include a statement in its company tax return
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Web page updated on 17 Mar 2025 13:38