What are the Taxes Paid for private/public limited company

Question

Business

Larry Weeks

30 March, 05:30

What are the Taxes Paid for private/public limited company

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Answers (2)

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Alberto · Answer 1

Public Limited Companies pay Corporation tax rates, currently set at 20%, on their taxable profits. There are also tax-deductible costs and allowances that can be offset against the company profits for even greater tax savings. There is a greater sense of continuity for your business once you have formed a PLC.

Gallegos · Answer 2

20%

Explanation:

Public Limited Companies pay Corporation tax rates, currently set at 20%, on their taxable profits. There are also tax-deductible costs and allowances that can be offset against the company profits for even greater tax savings.