Calculate the corporation tax payable by Snowdonia plc for the year ended 31st March 2021, assuming that they make all available elections to minimise their liability.
QUESTION 1 PART A Snowdonia plc’s results for the year ended 31st March 2021 were: UK trading profits (before adjusting for items below) £600,000 Debenture interest payable £30,000 Bank interest receivable Received 31st March 2021 £10,000 Chargeable gains (note i) See below Dividends received from UK companies £10,000 Charitable donation (paid under gift aid scheme) […]