Based on the taxable profits and capital gains that your company makes this is the respective tax rate you will be charged, it is calculated before dividends are paid.
Questions you may have :
- How would running a fleet impact my corporation tax?
- What is best in terms of running a fleet for corporation tax?
How it works?
Running a fleet can have impacts on your corporation tax dependent on the funding acquisition model you use, our products section gives much more detail on this.