| 释义 |
corporation tax = CT Tax charged on the total profits of a company resident in the UK arising in each accounting period. The rate of corporation tax depends on the level of profits of the company. The small companies rate of 20% applies to companies with total annual profits of £300,000 or less: since 2002 very small companies with total annual profits of £10,000 or less pay no CT. Full-rate corporation tax of 30% applies to companies with total annual profits of over £1.5 million. There is a marginal relief for those companies with total profits plus franked investment income between £300,000 and £1.5 million or between £10,000 and £50,000. |