Accountants
TB ACCOUNTS LTD

Corporation Tax

Corporation Tax is a tax on the taxable profits of limited companies and some organisations including clubs, societies, associations, co-operatives, charities and other unincorporated bodies.


Taxable profits for Corporation Tax include:



If your company or organisation is based in the UK, you'll have to pay Corporation Tax on all your taxable profits - wherever in the world those profits come from.


If your company isn't based in the UK but operates in the UK - for example, through an office or branch (known to HM Revenue & Customs (HMRC) as a 'permanent establishment') - you'll only have to pay Corporation Tax on any taxable profits arising from your UK activities.


For more information please give us a call and we will be happy to help.