16/09/2026
Alert: Did you know your company can be dormant for Corporation Tax without being officially closed? It's about your trading activity, income, and more. Find out why this could affect your next tax move. Read on to see if your company fits the dormant status.
A company does not have to be formally closed to become dormant for Corporation Tax. A company is usually considered dormant if it has stopped trading and has no other income, such as investment income.