Payable on a limited company's net profits
You must pay Corporation Tax on profits from doing business as a limited company, any foreign company with a UK branch or office or a club, co-operative or other unincorporated association. There are many allowances and reliefs available which can make calculating Corporation Tax seem complex. If you are looking for advice on Corporation Tax please speak to us and we can refer you on to local accountants who are best placed to help you.