News: January 2013

Corporate tax rates

The rate of corporation tax for a small company with profits up to £300,000 remains at 20%. Other companies pay corporation tax at a rate of 24%, reducing to 23% in the year to 31 March 2014. We are now told the rate reduces further to 21% for the year to 31 March 2015, when we will have just about the lowest rate in the EU. This is good news; no doubt, the main aims are to increase investment in the UK and encourage large corporates to have their headquarters here.

Leave A Comment

Enable Notifications OK No thanks

By continuing to use this site, you agree to the use of cookies. more info

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.