Section 2 — Corporation Tax Act 2010: Overview of Part

Overview of Part 2 1 This Part contains provisions that relate to the calculation of the corporation tax chargeable on a company's profits of an accounting period.

2 Chapter 2 is about the rates at which corporation tax on profits is charged.

3 Chapter 3 is about ascertaining the amount of a company's profits of an accounting period to which the rates of corporation tax applicable to the company are applied.

4 Chapter 4 makes provision about the currency in which a company must calculate and express its profits for corporation tax purposes.

5 For provision about the calculation of the corporation tax payable for an accounting period see paragraph 8 of Schedule 18 to FA 1998.