10 corporation tax

Question 1

overview of corporation tax computation

Answer 1

Question 2

what are the adjustments to trading profits for companies

Answer 2

Question 3

what are the capital allowances for companies

Answer 3

Question 4

explain dividends received from other companies in terms of tax

Answer 4

Question 5

are chargeable gains included in TTP? what would be the calc?

Answer 5

Question 6

will a company ever have AEA?

Answer 6

never

Question 7

explain miscellaneous income

Answer 7

Question 8

explain qualifying donations

Answer 8

Question 9

trading loan relationships table

Answer 9

Question 10

non-trading loan relationships

Answer 10

Question 11

exam smart for loan relationships

Answer 11

Question 12

define key terms. Augmented profits, exempt ABGH distributions

Answer 12

Question 13

calc for augmented profits (between 50k - 250k)

Answer 13

Question 14

explain how to adjust the augmented profit limits

Answer 14

Question 15

what are the key terms for associated companies

Answer 15

Question 16

explain the due date for corporation tax for non-large companies

Answer 16

Question 17

what defines company as large or not large company

Answer 17

Question 18

what defines very large company

Answer 18