Hi Guys,
Just after some confirmation.
As the tax year for 2008/2009 begins on April 6th, 2008, I'm right in saying that as long as profit is declared either today or tomorrow at the weekly / monthly / adhoc company meeting and is suitably minuted, the corp tax rate will be 20%.
Also, if an invoice is raised before the company meeting, then the invoiced amount can be included in the calculations for company profit?
Just after some confirmation.
As the tax year for 2008/2009 begins on April 6th, 2008, I'm right in saying that as long as profit is declared either today or tomorrow at the weekly / monthly / adhoc company meeting and is suitably minuted, the corp tax rate will be 20%.
Also, if an invoice is raised before the company meeting, then the invoiced amount can be included in the calculations for company profit?
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