Corporation tax in the UK how does it work
I am setting up a business. I am from the UK and my business partner is from Canada.
I want to know how corporation tax works, do we pay corporation tax and what ever is left pay income tax on it.
Or do we just pay the corporation tax and that means both me and my business partner have paid all the tax we need to.
I am setting up a LTD company.
Best Regards
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