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 (

  Year ending 31/03/25 Year ending 31/03/24 Year ending 31/03/23 Year ending 31/03/22
Main Rate 25% 25% 19% 19%
Small Companies Rate 19% 19% 19% 19%