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The Unofficial Karoo User Forums > Karoo Alternatives > NextGenUs > Relay Nodes
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Author Topic: Relay Nodes  (Read 728 times)
commandergc
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« Reply #15 on: November 20, 2011, 10:57:42 pm »
CICs are NOT charities and don't fall under the same tax bracket.

Quote from: HMRC
As a limited company a CIC is liable to CT just like any other company. It will be chargeable on any trading profits (though it will be a question of fact whether or not a particular CIC is trading) and on its investment income and gains.
It is eligible for any reliefs which are available to all companies but there are no CIC specific tax exemptions/reliefs available.
« Last Edit: November 20, 2011, 10:59:17 pm by commandergc » Logged


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DarkJester
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« Reply #16 on: November 20, 2011, 11:38:55 pm »
^thats what I discovered
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Someone is harassing me by texting me "ngba" every night at 11pm.

I have have enough, its bang out of order.
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