2019/20 | 2020/21 | ||
£ | £ | ||
Corporation tax | |||
All profits and gains (excluding determination agreements and diverted profits (note 1) | 19% | 19% | |
S455 tax on all loans made by close companies to participator | 32.50% | 32.50% |
2019/20 | 2020/21 | ||
£ | £ | ||
Corporation tax | |||
All profits and gains (excluding determination agreements and diverted profits (note 1) | 19% | 19% | |
S455 tax on all loans made by close companies to participator | 32.50% | 32.50% |