Could someone offer me a little clarity?
I have a company that doesn't trade but holds investments. If it were to sell these investments what rate of corporation tax would it pay? The profit on the sale will be £273,091.
Replies (1)
Please login or register to join the discussion.
.
Unless these investments were properties let to unconnected people then it will pay full rates of CTAX. 28% till 31 March 2011 and 26 % form 1 April 2011.