I'd suggest they implement a threshold for starting revenue based CT which would alleviate the need to pay in years 1-x.
And then companies once over that threshold would need to accrue a position to pay their tax, the same way they do for their salaries or rent or whatever.
The idea that a company can do whatever it needs to, to maximise profits and if it's unsuccessful then the govt loses tax revenue is one of the pillars of the broken system. Same for Ltd companies.
A valid point.
I'd suggest they implement a threshold for starting revenue based CT which would alleviate the need to pay in years 1-x.
And then companies once over that threshold would need to accrue a position to pay their tax, the same way they do for their salaries or rent or whatever.
The idea that a company can do whatever it needs to, to maximise profits and if it's unsuccessful then the govt loses tax revenue is one of the pillars of the broken system. Same for Ltd companies.