Corporation Tax
|
|
Year to 31.3.09 |
Year to 31.3.08 |
|
Profits band
£
|
Rate
%
|
Profits band
£
|
Rate
%
|
| Small companies rate |
0 - 300,000
|
21*
|
0 - 300,000
|
20
|
| Marginal (small companies) rate |
300,001 - 1,500,000
|
29.75*
|
300,001 - 1,500,000
|
32.50
|
| Full rate |
Over 1,500,000
|
28*
|
Over 1,500,000
|
30
|
| Small companies fraction |
|
7/400*
|
|
1/40
|
The profits limits are reduced for accounting periods of less than 12 months and for a company with associated companies.
*Different rates apply for ring-fenced (broadly oil industry) profit. |
| Back to Tax Rates 2008/09 |
Bayliss Ware Ltd. Chartered Accountants.
Registered office: 9 Stratfield Park, Elettra Avenue, Waterlooville, Hants, PO7 7XN
Registered in England. Company No.: 3180843
VAT Number: 675 9982 55
Email: info(at)baylissware.com | Telephone: 023 9279 9744 | Fax: 023 9279 9755
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