Active: Difference between revisions

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imported>Doug Williamson
(Add 4th definition. Sources: linked pages.)
imported>Doug Williamson
(Add link.)
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* [[Deferred]]
* [[Deferred]]
* [[Dormant]]
* [[Dormant]]
* [[Passive]]
* [[Service]]
* [[Service]]


[[Category:Accounting,_tax_and_regulation]]
[[Category:Accounting,_tax_and_regulation]]

Revision as of 20:41, 6 June 2020

1. Pensions.

An active member of a pension scheme.


2.

Generally in relation to companies, any company which is not dormant.


3. Tax.

For tax purposes a company is normally defined as active - and potentially liable for Corporation Tax - when it does any one (or more) of the following:

  • Carrying on any business activity or trade or profession.
  • Buying and selling goods with a view to profit.
  • Providing services.
  • Earning interest.
  • Managing investments.
  • Receiving any other income.


4. Investment management - strategies.

Active investment funds engage investment managers to select their investments.


See also