question on corporate tax

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September 11, 2016 at 10:48 am #339780
Jean96
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dear sir
could we get corporate tax in two financial year and how do we account for it?
September 12, 2016 at 6:07 pm #340101
Tax Tutor
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Read the notes – there is now only one rate of corporation tax – 20%, so it does not matter whether a chargeable accounting period falls in just one FY or whether it spans 2 FY’s as the TTP will all be taxed at 20% anyway!
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