In the year to 31 March 2018 , a UK company has UK trading profits of 4,800,000
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In the year to 31 March 2018 , a UK company has UK trading profits of £4,800,000 and overseas property income (net of 45% withholding tax) of £2,750,000. Gift Aid donations of £100,000 are made in the year. Compute the corporation tax liability for the year.
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Trading income Income from property 2750000 x 10055 Less Donations Tax...View the full answer
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