Tolbooth Ltd is a manufacturing company. It commenced trading on 1 April 2019 and prepared its first set of accounts for the 18 month period to 30 September 2020. As the accounting technician responsible for preparing the tax computation, you have extracted the following information from the audit file:

Required:

(a) State how the first period of account to 30 September 2020 will be divided into accounting periods.

(b) Calculate the corporation tax liability for each accounting period.

(c) State the due date (or dates) of payment of the company's corporation tax liability for the 18 months to 30 September 2020.

(d) What difference would it make if the trading profit for the 18 months (before capital allowances) was £3,690,000 instead of £690,000?

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(1) Trading profits (before capital allowances) (ii) Rental income: 20,000 per year from property rented on 1 April 2019. Rent received annually in advance on 1 April. (iii) Bank deposit interest: Received 30 June 2019 Received 31 December 2019 Accrued to 31 March 2020 Received 30 June 2020 Accrued to 30 September 2020 (iv) Plant and machinery purchased on 1 April 2019: Factory machinery Motor car (105 g/km) (v) Gift Aid donations: 5,000 every six months as from 31 December 2019 Paid 31 December 2019 Accrued to 31 March 2020 Paid 30 June 2020 Accrued to 30 September 2020 (vi) Chargeable gain on disposal 1 August 2020 690,000 200 200 100 1,200 445 121,000 25,000 5,000 2,500 5,000 2,500 8,300