Corporation Tax Rates

Rates for financial years starting on 1 April 

 

Rate

2010

2011

2012

2013

Small profits rate*

21%*

20%*

20%*

Small profits rate can be claimed by qualifying companies with profits at a rate not exceeding

£300,000

£300,000

£300,000

Marginal Relief Lower Limit

£300,000

£300,000

£300,000

Marginal Relief Upper Limit

£1,500,000

£1,500,000

£1,500,000

Standard fraction

7/400

3/200

1/100

Main rate of Corporation Tax*

28%*

26%*

24%*

23%*

Special rate for unit trusts and open-ended investment companies

20%

20%

20%

 

The information on this page is for guidance only. Professional advice should be obtained before acting on any information contained.