The corporation tax charge in the income statement (profit and loss account) for Year 2 was 30m.

Question:

The corporation tax charge in the income statement (profit and loss account) for Year 2 was

£30m. The tax liability in the balance sheet at the start of Year 2 was £6m. The tax liability in the balance sheet at the end of Year 2 was £10m. What was the amount of cash paid in taxation during Year 2?

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