A company's taxable total profits for an accounting period are 3,200,000. There are no dividends received and
Question:
A company's taxable total profits for an accounting period are £3,200,000. There are no dividends received and the company is not a member of a group. Compute the corporation tax liability if the accounting period is:
(a) the year to 31 March 2024
(b) the year to 31 December 2023
(c) the ten months to 31 October 2023
(d) the eight months to 30 April 2023.
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In each case augmented profits are considerably in excess of 250000 pa So there is no question o...View the full answer
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