Business structures

Businesses are set up with differing structures. What are the advantages and disadvantages of each structure? Why does it matter? Explore some of the activities associated with starting up a business.

Business structures
Type: Theory
Questions: 6
Attempts allowed: Unlimited
Available: Always
Pass rate: 75%
Passed:
  • Fact 3

    'Taxes, after all, are dues that we pay for the privileges of membership in an organised society'. Franklin D Roosevelt

Company tax

Income tax payable by companies. Unlike individuals, companies are taxed at a proportional rate of tax on all their taxable income, with no tax-free amount.

read more glossary terms