Corporation Tax (CT) is a tax charged on the total profits of a company resident in the UK during each accounting period. The rate of corporation tax varies depending on the level of profits of the company.
The payout ratio represents the percentage of a firm's profits that is distributed to shareholders in the form of dividends. This metric provides insight into how much money a company returns to its shareholders compared to how much it retains for reinvestment and other corporate purposes.
Personal income is a component of national income representing the amount of income actually received by households after accounting for various adjustments.
A profit-sharing plan is an agreement between a corporation and its employees which allows employees to share in the company's profits. Contributions are made annually by the company to an account for each employee, accumulating tax deferred until retirement or departure. Employees may be able to borrow against these funds for major expenditures.
A profit-sharing scheme is a program that provides employees with a share in the profits of the company they work for, often by means of share ownership.
A trust share signifies partial participation and ownership in a corporation's management. It entitles the holder to a portion of the profits.
