A company (which is not a member of a group) has the following results for the year

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A company (which is not a member of a group) has the following results for the year to 31 March 2022:

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The company intends to make Gift Aid donations of £30,000 every six months, starting on 30 November 2021.

(a) Compute the company's corporation tax liability for the year.

(b) State the date (or dates) on which this tax is due to be paid.

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Taxation Finance Act 2021

ISBN: 9781292406725

27th Edition

Authors: Alan Melville

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Question Posted: Feb 02, 2024 06:00 AM

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A company (which is not a member of a group) has the following results for the year

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To compute the companys corporation tax liability for the year ending 31 March 2022 well follow these steps 1 Add up all sources of taxable income 2 S...View the full answer

Taxation Finance Act 2021

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