Taxation of Businesses 2

By the end of the course participants will have a better understanding of current rules regarding corporation tax computations.

The course is structured around a corporate case study and participants will gain an understanding of:

• Periods of account and accounting periods
• Payment of corporation tax
• The implications of overdrawn directors’ loan accounts
• The rules for dealing with corporate losses
• A review of the intangible fixed asset tax rules

This course is aimed at staff who have worked between 12 and 24 months in the profession and require a better understanding of the calculation of corporation tax for the corporate client.

It builds on the theory covered in Taxation of Businesses 1 and knowledge of trading profits and capital allowances is assumed.