Practical Introduction to Corporation Tax - Part 1

Practical Introduction to Corporation Tax – Part 1

Lecturer: Tim Palmer

This very popular course will be an excellent introduction to corporation tax for delegates new to this area. Practical case studies will be used to illustrate computations.

Programme

Practical introduction to corporation tax

The scope, the charge and the impact of corporation tax

Corporation tax computations – is the expenditure allowable?

Contentious allowable trading deductions -capital or revenue?

Company accounting periods, financial years, level of corporation tax and accountability

Company residence

Practical completion of the corporation tax return

Company case studies relating to detailed corporation tax computations, problems and solutions

Company loan interest payable – the tax position

Company capital gains chargeable to corporation tax

The payment of corporation tax – when, how, the rates and how much

Capital allowances – a practical introduction for companies, and a summary of the recent changes

How corporation tax actually works in practice

General overview