Illustrations - quarterly instalments 2 and CT payment date
You'll learn when a company must pay corporation tax in quarterly instalments and how to calculate the augmented profit threshold when associated companies are involved.
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In this lesson
- 0:00 Quarterly instalments threshold rules
- 0:28 Calculating adjusted threshold with associates
- 0:56 Lyme Limited case study analysis
- 1:32 Rusty Limited payment date example
- 2:05 Large company determination criteria
About this lesson
This video walks through two worked illustrations showing how to apply the large company rules, including the impact of wholly owned subsidiaries on the threshold and when the quarterly payment requirement kicks in. You'll also discover the standard payment date for corporation tax when quarterly instalments don't apply. This is essential for TX (Taxation) and covers a key exam technique for determining payment obligations under current UK corporation tax rules.
Duration: 3m
Transcript
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