Corporation tax rates and bands are as follows:
Financial year | Profits | Diverted Profits |
---|---|---|
Year to 31/03/20 | 19% | 25% |
Year to 31/03/19 | 19% | 25% |
Corporation tax at 32.5% on outstanding loans to participators.
Corporation tax rates and bands are as follows:
Financial year | Profits | Diverted Profits |
---|---|---|
Year to 31/03/20 | 19% | 25% |
Year to 31/03/19 | 19% | 25% |
Corporation tax at 32.5% on outstanding loans to participators.
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