Corporation Tax Rates

Financial Years beginning:
1 April 2011
1 April 2010
1 April 2009
1 April 2008
Profits up to £300,000
22%
21%
21%
21%
£300,001 - £1,500,000
29.5%
29.5%
29.75%
29.75%
Then £1,500,001 onwards
28%
28%
28%
28%

The above profit rate bands need to be divided by the number of associated companies for tax purposes.

The planned increase in the Small Companies' Rate of corporation tax from 21% to 22% was deferred until 1 April 2011.

Tax Homepage | Tax Timetable | Personal Tax Rates and Allowances | Corporation Tax Rates