Antietam Ltd makes up accounts to 31 March annually. Results for the 12 months to 31 March 2010 are as follows:

£

Trading profits (before capital allowances) 170,000 Capital allowances 32,000 Rental income 46,000 Capital gains 6,400 The company has capital losses brought forward from previous accounting periods of

£1,400 and made a Gift Aid donation of £20,000 on 31 March 2010. It also received a dividend from ICI plc on 16 December 2009 of £14,400.

Required:

(a) Calculate the corporation tax liability of Antietam Ltd for the year to 31 March 2010.

(b) Recalculate the liability if you are told that the company has one subsidiary company.