Corporation Tax. 6.1 The UK Government recognises the Executive’s commitment to introduce a devolved Corporation Tax rate to Northern Ireland of 12.5% from April 2018. The UK Government remains committed to the devolution of Corporation Tax powers, subject to the conditions set out in the SHA.
Corporation Tax. (a) Full provision will be made for corporation tax which is payable for all accounting periods ending before the Completion Accounts Date and which has not yet been paid to the Inland Revenue. In addition, full provision will be made for corporation tax as if the period beginning with the day following the Accounting Date and ending on the Completion Accounts Date was a financial year of the Company and its Subsidiaries for corporation tax purposes. For the avoidance of doubt, it shall be assumed that the payments to certain of the Vendors, managers and employees referred to in (vi) below will be fully deductible for corporation tax purposes.
Corporation Tax. ▪ Completing a CT600 and tax computation based upon the annual accounts. ▪ Presenting the CT600 for your approval and online submission to HMRC. ▪ Dealing with routine HMRC correspondence. Please note that this does not include an HMRC enquiry, full (which checks the tax return as a whole), or aspect (which checks information on one or more specific points). ▪ Companies House ▪ Processing required changes to officer and company information. o The Advanced Package includes: The Standard Package and in addition: ▪ VAT ▪ Completing cash accounting VAT calculations (standard and flat rate VAT schemes only). ▪ Calculating quarterly VAT returns, for VAT-registered companies. ▪ Presenting returns for your approval and online submission to HMRC. ▪ Notifying HMRC of any changes to your VAT registration. ▪ Dealing with routine HMRC VAT correspondence (please note that this does not include handling an HMRC enquiry, full or aspect). ▪ Acting as Agent for online VAT filing with HMRC, but not for VAT inspections.
Corporation Tax. 6.2.1 (a) The Company has not paid remuneration to its employees, officers or directors (either deemed or otherwise) in excess of such amount as will be deductible in computing the taxable profits of the Company;
Corporation Tax. LOAN RELATIONSHIPS
Corporation Tax. Simultaneously with the payment of the last installment of the Total Price, the Buyer shall pay and deposit a sum of Rs.20/- (Rupees Twenty) per square feet of the super built-up area of Said Flat, with the Developer (Rates & Taxes Deposit) towards timely payment for corporation tax as be assessed for the Said Flat And Appurtenances, from the Date Of Possession Notice, by the Kolkata Municipal Corporation.
Corporation Tax. 4.1 No Group Company has since the Accounts Date made any distribution within the meaning of section 1000 Corporation Tax Act 2010 (meaning of “distribution”) nor is it bound to make such a distribution.
Corporation Tax. You will not claim any capital allowances in respect of the equipment. The payments have been calculated on the assumption that there will be no change in the nature method or basis of taxation of companies and groups of companies in the United Kingdom including the rate of corporation tax, the availability of capital allowances and the treatment of losses and expenses. If any such change does occur at any time during the period of hire, we are entitled to adjust the payment to ensure that our after tax return is not reduced. We can only make such an adjustment after giving you 7 days written notice. Signed Position Name Date
Corporation Tax. HR will be responsible for preparing and submitting the corporation tax returns (partially outsourced by Hoggs to PricewaterhouseCoopers) for the year ended 31 March 2003 – no charge will be made for this work. ETRX will be responsible for dealing with any enquiries raised by the Inland Revenue thereon (anticipated in March 2005). HR also prepared and submitted the 2002 tax return – any Inland Revenue queries thereon must be issued by the Inland Revenue before 31 March 2004. HR will deal with these queries at the Agreed Rate if requested by ETRX, otherwise they will be handled by ETRX or their advisors. Preparation of P11D’s and PAYE Settlement for tax year ended 5 April 2004 (ie 2003/4) will specifically be prepared by HR as these relate to a period in which ETRX has operated under the XX XXXX reference. From 6 April 2004, it is intended that ETRX will be operating under its own PAYE reference and will therefore be responsible for filing its own P11Ds and PAYE Settlements returns. ETRX will promptly upon HR’s written request make funds available to HR to settle ETRX’s share of the PAYE and NIC liabilities arising from the filing of the 2003/4 returns referred to above -the provisions of Clauses 14.1.2 and 14.1.3 shall not apply to ETRX’s obligations in respect of such funds. ETRX further agrees to co-operate reasonably and provide HR on a timely basis with such information as is reasonably required for HR to complete the said tax returns fully and accurately.
Corporation Tax. PROFIT AND LOSSES
