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