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Kaeren Mellin
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b5 6DR
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Kaeren Mellin's Blog

Grants and Corporation Tax

Hi There


I have a question for finance professionals working with CIC's.


If a CIC has grant income and trading income do you split it in their annual accounts and only calculate Corporation tax on the trading income.  I asked this question of a tax inspector and the reply seemed to be yes but would like re-assurance from those working in the field.


Many thanks

Posted on July 25, 2011 at 12:15 — 1 Comment

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At 19:22 on September 21, 2010, John Mulkerrin said…
Welcome Kaeren
Hope you like the what we're doing and look forward to your input. Please feel free to post, hope we're of help in what your doing.
Best regards


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