Hello,
In the TX UK Pre March 2024 Mock - Sec C Pig Plc question, Pig Plc owned 100% of two subsidiaries. When asked whether Pig Plc would be a large company, the corporation tax limit of 1.5M was divided by two related 51% group companies.
Why was it not divided by 3 as there are three companies in the group?
Thanks.
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Corporation Tax - Groups
It should be 3
Thank you.
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