Skip to content

Ask the Tutor ACCA TX-UK

Corporation tax

Aamna11y ago
when adjusting the trading profits for corporation tax computation, we have to adjust it for gifts to customers. in the income tax computation,the gifts to customer not costing £50 per donee per year is deductible. so is this exception available for corporation tax computation too?
TTTax Tutor11y ago#1
Same rules apply in corporation tax as in income tax in respect of gifts to customers
Sign in to reply to this topic.