Resources
Home 
Resource Centre 
Tax Tables
Corporation Tax
Tax Tables
Corporation Tax
Financial Year Beginning on 1 April |
||||
|
2012 |
2011 |
||
Profits exceeding £1,500,000 (standard rate) |
25% |
26% |
||
Profits under £300,000 (small companies rate) |
20% |
20% |
||
|
|
|
||
Marginal relief fraction |
1/100 |
3/200 |
||
Effective marginal rate on profits between £300,000 and £1,500,000 |
24.0% |
27.5% |
||
|
|
|
||
Note that for close investment holding companies the standard rate will apply regardless of profit levels. |
||||
© 2012
To find out more about how we can help you, please contact Salhan Accountants in Edgbaston, Birmingham.
Registered with the Chartered Institute of Taxation as a firm of Chartered Tax Advisers.
Fax: 0121 607 0104