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Legislation
Corporation Tax Act 2010

Crossheading Authorised unit trusts

  • Section 616 Meaning of “authorised unit trust” and “unit holder”
  • Section 617 Authorised unit trust treated as UK resident company
  • Section 618 Applicable corporation tax rate
  • Section 619 Umbrella schemes
  1. Authorised unit trusts
  2. Applicable corporation tax rate

Section 618 | Applicable corporation tax rate

From legislation.gov.uk

The rate of corporation tax in relation to an authorised unit trust for any financial year is the rate at which income tax at the basic rate is charged for the tax year beginning on 6 April in that financial year ... (and sections 18A and 18B (relief for companies with small profits) do not apply).

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