A company (which is not a member of a group) has the following results for the 14
Question:
A company (which is not a member of a group) has the following results for the 14 months to 31 December 2022:
£
Adjusted trading profit, before deduction of capital allowances 1,413,510 Capital allowances claimed:
Year to 31 October 2022 222,650 2 months to 31 December 2022 37,210 Chargeable gains:
Disposal 12 May 2022 16,586 Disposal 6 November 2022 21,692 Building society interest:
Received 31 December 2021 3,500 Received 31 December 2022 4,300 Dividend received on 25 September 2022 3,150 Accrued building society interest was £3,000 on 31 October 2021, £4,000 on 31 October 2022 and £nil on 31 December 2022.
Compute the company's total corporation tax liability for the 14-month period and state the date (or dates) on which this tax is due to be paid.
Step by Step Answer: