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RELATED SITES
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Annual Review 2005/06
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Notes to the Financial Statements

For the year ended 31 March

4. Taxation

b. Factors affecting the tax charge

The Âé¶¹Éç World Service taxation charge is based primarily on interest receivable. The tax assessed for the year is therefore significantly lower than the standard rate of corporation tax in the UK (30%), as explained below.


Note
Ìý 2006
£³¾
Ìý 2005
£³¾
Ìý
(Deficit)/surplus before taxation Ìý (1.2 ) 7.8 Ìý
(Deficit)/surplus before taxation multiplied by the standard rate of corporation tax in the UK of 30% (2005 30%) Ìý - Ìý 2.3 Ìý
Effect of non-taxable external income/deductible costs Ìý - Ìý (2.1 )
Effect of taxable external income Ìý 0.3 Ìý - Ìý
Total current tax charge 4a 0.3 Ìý 0.2

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Financial statements
Notes to the financial statements
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