Mathematics · Corporate Tax
Red Hill Ltd results: Trading profit £625,000, Dividends received £32,000, Qualifying charitable donations £7,000. Not part of a group. What is the corporation tax payable for year ended 31 March 2025 and when is it due?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1None of the above
- 2£162,500 due 31 March 2026
- 3£156,250 due 1 January 2026
- 4£154,500 due 1 January 2026✓
Correct answer
£154,500 due 1 January 2026
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