corporation tax

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March 10, 2016 at 2:45 pm #305280
jingdong
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Dear Tutor, i just finished my exam, one question is like that trading profit 21,000,000, which rate will i need to use?
many thanks
March 11, 2016 at 1:05 pm #305546
Tax Tutor
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It’s not a good idea to do a post mortem on an exam you have taken – what’s done is done!
However you really should know what corporate tax rate to apply to a company’s TTP without asking me that question!! I think £21M suggests only one possibility don’t you!!
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