Corporation tax

Corporation tax is charged on the taxable profits of limited companies and some organisations including clubs, societies, associations, co-operatives, charities and other unincorporated bodies.

Taxable profits for corporation tax include:

• Profits from taxable income such as trading profits and investment profits (except dividend income which is taxed differently) and
• Capital gains, which are known as chargeable gains for corporation tax purposes.

Please contact us and ask for additional information on any of the following topics:

• An introduction to corporation tax
• Statutory records
• Company bonus or dividend
• Employee share schemes
• Associated companies and the marginal rate