Corporation Tax

This information has been updated for the 2012/13 tax year.

	Year to 31/3/13	Year to 31/3/12
Main rate	24%	26%
Profits above	£1.5m	£1.5m
Small companies rate	20%	20%
Profits up to	£300k	£300k
Small/large marginal band	£300k - £1.5m	£300k - £1.5m
Fraction (effective rate)	25.0%	27.5%

You are advised to consult us before acting on any information contained herein.