Corporation Tax return and GLAC: Difference between pages

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imported>Doug Williamson
(Update for Charles III.)
 
imported>Doug Williamson
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''UK tax.''
Gone-concern Loss Absorbing Capacity.


A return form for companies required to be sent to HMRC to show a summary of taxable profits and their corporation tax liability.
Usage continues to develop in this field of bank recovery and resolution and the acronym is sometimes GCLAC that might be seen as "Gone Concern Loss Absorbing Capacity".
 
GLAC focuses on the loss absorbing capacity of bail-in-able debt to replenish equity.




== See also ==
== See also ==
* [[Corporation Tax]]
* [[Filing]]
* [[His Majesty's Revenue & Customs]]  (HMRC)
* [[Tax computation]]


[[Category:Accounting,_tax_and_regulation]]
*[[Capital adequacy]]
[[Category:Treasury_operations_infrastructure]]
*[[Loss absorbing capacity]]
*[[Primary Loss Absorbing Capital]]  (PLAC)
 
*[[SLAC]]
 
*[[Gone concern]]
* [[Bailin]]

Revision as of 12:32, 25 June 2022

Gone-concern Loss Absorbing Capacity.

Usage continues to develop in this field of bank recovery and resolution and the acronym is sometimes GCLAC that might be seen as "Gone Concern Loss Absorbing Capacity".

GLAC focuses on the loss absorbing capacity of bail-in-able debt to replenish equity.


See also