In the year to 31 March 2021, a UK resident company had UK trading profits of 5,450,000
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In the year to 31 March 2021, a UK resident company had UK trading profits of £5,450,000 and overseas property income (net of 35% withholding tax) of £130,000. Compute the corporation tax liability for the year.
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UK 5450000 Overseas 5450000 1035500 Trading income Property income 130000 x 1006...View the full answer
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