Active: Difference between revisions
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imported>Doug Williamson (Spread out whole page, and clarify tax definition.) |
imported>Doug Williamson (Layout.) |
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1. ''Pensions''. | 1. | ||
''Pensions''. | |||
An active member. | An active member. | ||
2. | 2. | ||
Generally in relation to companies, any company which is not dormant. | Generally in relation to companies, any company which is not dormant. | ||
3. ''Tax''. | 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: | 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. | *Carrying on any business activity or trade or profession. | ||
Revision as of 09:54, 11 May 2016
1.
Pensions.
An active member.
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.
