Explanatory Notes

Corporation Tax Act 2010

2010 CHAPTER 4

3 March 2010

Introduction

Part 2: Calculation of liability in respect of profits

Overview

23.This Part is about the calculation of liability. Chapter 1 provides an introduction to the Part.

24.Chapter 2 is about the rates at which corporation tax is charged.

25.Chapter 3 is about the calculation of the amount of profits to which rates of corporation tax are applied.

26.Chapter 4 is about currency.