From the help files:
Quote:
Originally posted by Help
Profit Bands:
0 to 2,000,000 - 0% tax (no tax is paid on seasonal losses)
2,000,001 to 5,000,000 - 10% tax
5,000,001 to 10,000,000 - 20% tax
10,000,001 and upwards - 40% tax
So 10M profit equals 1.3M tax
