What Is Corporation Tax? All You Need To Know As A Small Business
Hudson Weir
MARCH 3, 2021
Companies must pay Corporation Tax on profits they make from: Doing business (trading profits) Selling assets for more than they cost (chargeable gains) Investments. The Corporation Tax rate has been 19% since the financial year starting 1 April 2017. You would pay the 2017 rate for those 275 days (19%).
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