Corporation Tax
You must pay Corporation Tax on profits from doing business as:
- a limited company
- any foreign company with a UK branch or office
- a club, co-operative or other unincorporated association, for example a community group or sports club
Here we look at the rates paid for companies with profits over £250,000 (main rate) and companies with profits under £50,000 (small profit rate). Marginal Relief provides a gradual increase in Corporation Tax rate between the small profits rate and the main rate. This allows companies to reduce their rate from the 25% main rate. Marginal Relief for Corporation Tax - GOV.UK (www.gov.uk)
| Year ending 31/03/26 | Year ending 31/03/25 | Year ending 31/03/24 | Year ending 31/03/23 | |
| Main Rate | 25% | 25% | 25% | 19% |
| Small Companies Rate | 19% | 19% | 19% | 19% |
Further information
Disclaimer
The information provided is based on our current understanding of the relevant legislation and regulations and may be subject to alteration as a result of changes in legislation or practice. Also it may not reflect the options available under a specific product which may not be as wide as legislations and regulations allow.
All references to taxation are based on our understanding of current taxation law and practice and may be affected by future changes in legislation and the individual circumstances of the investor.