Tax rate: Difference between revisions
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imported>Doug Williamson (Source: HMRC website https://www.gov.uk/corporation-tax-rates) |
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Revision as of 11:49, 30 December 2015
A proportion - usually expressed as a percentage - applied to a taxable amount to calculate the amount of tax payable.
For example, the UK Corporation Tax rate from April 2015 is 20%.