Corporation Tax

1.

(CT).

The UK tax charged on limited companies and certain other organisations based on the level of their taxable profits - including chargeable gains - in an accounting period.

2.

More generally, a tax charged on a corporation.

See also

• Accounting period
• Capital allowances
• Chargeable gain
• Common Consolidated Corporate Tax Base
• Company
• Corporation
• Corporation Tax Act
• Corporation Tax return
• Corporation Tax Self Assessment
• Federal Corporate Income Tax
• Financial year
• Group payment arrangements
• ICTA
• Imputation system
• Income Tax
• Quarterly instalments
• Direct tax
• Taxable profits
• Taxable trading profits
• UK Bank Corporation Tax surcharge