Whether an entity is within the charge to corporation tax depends on the type of entity and its residence.

Which types of entity are within the charge to corporation tax?

Corporation tax is charged on any corporate body or unincorporated association.

This includes the following types of entity:

  • limited companies (including companies limited by guarantee)
  • unlimited liability companies
  • members' clubs
  • political associations
  • trade associations

The following types of entity are not within the charge to corporation tax:

  • partnerships
  • Limited Liability Partnerships (LLPs)
  • local authority associations
  • local authorities

A company is basically anybody which has been incorporated and a company will be denoted with the terms Ltd (limited) or plc (public limited company).

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