Tax rate: Difference between revisions
From ACT Wiki
Jump to navigationJump to search
imported>Doug Williamson (Add link.) |
imported>Doug Williamson (Add link.) |
||
| Line 7: | Line 7: | ||
* [[Corporation Tax]] | * [[Corporation Tax]] | ||
* [[Global minimum tax rate]] | * [[Global minimum tax rate]] | ||
* [[Laffer curve]] | |||
* [[Tax ]] | * [[Tax ]] | ||
* [[Tax yield]] | * [[Tax yield]] | ||
Revision as of 16:31, 2 November 2022
A proportion - usually expressed as a percentage - applied to a taxable amount to calculate the amount of tax payable.
For example, if the tax rate is 20% and taxable profits are £100m, then the tax payable is £20m.
