What is corporation tax on a business?
Question asked by: mrquestion
Asked on: 18 Dec 2009
Corporation tax is one that the company has to pay to to government based on its profits, it varies from year to year but is around 21% to 22%
Basically if the company manages to make a profit in Britain even after all the oppressive regime applied to it from the UK taxation system then the special honour and privilege it has is to give another large cut of that money to the government!
By: knowitall
Replied at: 18 Dec 2009
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