View our full Glossary of accounting & payroll terms Visit full glossary Related topics Tax Search for another term Search for: Glossary definition What is corporation tax? Corporation tax is the tax applied to business profits and capital gains made by a business. Recommended Next Read September 4, 2023 Self-employed allowable expenses you can claim on See this term in action 25 August, 2023 7 min read Basis period reform and Making Tax Digital: What businesses need to know 25 August, 2023 5 min read Basis period reform and Making Tax Digital: How accountants can help their clients 18 July, 2023 5 min read 6 tips to ensure tax isn’t taxing for your business Learn more about this definition and others Featured reading 15 September, 2023 4 min read Invoice tips round-up: Essential advice to help you get paid on time 20 September, 2023 7 min read What is angel investing? A definitive guide 22 September, 2023 6 min read What the Economic Crime Levy means for accountants and businesses Popular termsWhat is a credit note?What is a P11?What are drawings?What is a purchase order?
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