BKM408100 - Banking surcharge: application to diverted profits tax
FA15/S79 & S107
Where the diverted profits of a banking company are surcharge profits or notional banking surcharge profits the applicable rate of tax payable is 33% rather than 25%.
바카라 사이트śnotional banking surcharge profits바카라 사이트ť, in relation to the company, means the total of:
- profits within section 85(5)(a) or 91(5)(a), to the extent that (assuming they were profits of the company chargeable to corporation tax) they would have been banking surcharge profits, and
- any amounts of relevant taxable income of a company (바카라 사이트śCC바카라 사이트ť) within section 85(4)(b) or (5)(b) or 91(4)(b) or (5)(b), to the extent that (assuming those amounts were profits of CC chargeable to corporation tax) they would have been banking surcharge profits of CC.