corporation tax | AccountingWEB

corporation tax

A recent case on trading losses could have implications going forward as it was found that, in the specific circumstances, losses from an acquired trade could be used against profits from the exist

If a CIC gives (covenants) its profits to a charity, the net result is break even and no corporation tax is payable.


I've submitted my companies abbreviated accounts  to companies house, but i failed to notice that the dividends was actually a credit movement for the year, more funds were put in than taken out, s


My client is looking for a second opinion on a Tax issue. I am not able to confirm my thoughts for sure, so I thought i would come to the people that know for the solution.

One of our clients (a company) wishes to make cash gifts to unconnected individuals and organisations.


Is there any reason why a corporate body in the UK would not be able to reclaim withholding tax?  I'm really only familiar with this in the personal tax sphere, but where a company doing work in Ke


We were working on a project which was meant to go over a year with several payment stages. The project got pulled by the client within 2 months though.


The Autumn Statement in December 2014 included a surprise amendment to the rules affecting how goodwill is treated on the incorporation of a trading business.

The case of Harold Leslie Amah v HMRC examined whether the taxpayer could carry forward a trading losses where there was a change in the underlying profession/business being carried on.

Pensions Flexibility


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