A company has taxable total profits of 5,000,000 for an accounting period. Explain how the corporation tax

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A company has taxable total profits of £5,000,000 for an accounting period. Explain how the corporation tax liability for this period will be calculated if:

(a) the accounting period is the 12 months to 31 March 2018

(b) the accounting period is the nine months to 31 January 2018

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Taxation Finance Act 2017

ISBN: 9781292200804

23rd Edition

Authors: Alan Melville

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Question Posted: Feb 07, 2024 08:28 AM

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A company has taxable total profits of 5,000,000 for an accounting period. Explain how the corporation tax

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a The 12 months to 31 March 2018 coincide with FY2017 so the taxable total ...View the full answer

Taxation Finance Act 2017

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