Corporation Tax
Corporation Tax
| Tax Rates & Thresholds | 2023/2024 | 2024/2025 |
|---|---|---|
| Small profits rate | 19% | 19% |
| Main rate* | 25% | 25% |
| Marginal relief lower limit | £50,000 | £50,000 |
| Marginal relief upper limit | £250,000 | £250,000 |
| Standard fraction | 3/200 | 3/200 |
* Main rate applies to companies with profits over £250,000.