- This topic has 1 reply, 2 voices, and was last updated 12 hours ago by
.
Viewing 2 posts - 1 through 2 (of 2 total)
- Posts
Ash Ltd
b) Calculate Beech Ltd’s corporation tax liability for the year ended 31 January 2024.
The taxable total profit is £331,990.
Answer: Corporation tax (£331,990 × 25%)
Dear Tutor,
I am wondering why 25% was used for the whole calculation. Shouldn’t 2/12 be at 19% because of FY2022 (1 Feb 2023 – 31 Mar 2023)?
Thank you.
Viewing 2 posts - 1 through 2 (of 2 total)
- You must be logged in to reply to this topic.