Commentary

D7.904 Payment of ring fence corporation tax and supplementary charge

Corporate tax
Corporate tax | Commentary

D7.904 Payment of ring fence corporation tax and supplementary charge

Corporate tax | Commentary

D7.904 Payment of ring fence corporation tax and supplementary charge

Special rules for the payment of ring fence corporation tax and supplementary charge came into force on 13 April 2005. These rules apply to the tax liability of companies with ring fence profits in respect of accounting periods ending on or after 31 July 20051. Under these rules companies with a ring fence trade are required to pay their ring fence corporation tax and supplementary charge by way of three equal instalments. If a taxpaying company also has a non-ring fence trade then the tax due from the non-ring fence

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