Active
From ACT Wiki
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.
