DESIGNED BY CARL CRADDOCK
Desined by Carl Craddock
Desined by Carl Craddock
Lumb Accountancy Services
© 2016 Lumb Accountancy Services
CORPORATION TAX
CORPORATION TAX RATES
2012 / 2013
2013 / 2014
2014 / 2015
2015 / 2016
2016 / 2017
Small profits rate
20%
20%
20%
N/A
N/A
Main rate of corporation tax
24%
23%
21%
20%
20%
Small profits limit
£300,000
£300,000
£300,000
N/A
N/A
Main rate of corporation tax
threshold
£1,500,000
£1,500,000
£1,500,000
N/A
N/A
Marginal relief lower limit
£300,000
£300,000
£300,000
N/A
N/A
Marginal relief upper limit
£1,500,000
£1,500,000
£1,500,000
N/A
N/A
Standard fraction
1/100
3/400
1/400
N/A
N/A
Rates are for guidance only. No responsibility for loss occasioned by any individual acting/refraining from action as a result of this information can be accepted by the authors or company.
2012 / 2013
2013 / 2014
2014 / 2015
2015 / 2016
2016 / 2017
Small profits rate
20%
20%
20%
N/A
N/A
Main rate of corporation tax
24%
23%
21%
20%
20%
Small profits limit
£300,000
£300,000
£300,000
N/A
N/A
Main rate of corporation tax
threshold
£1,500,000
£1,500,000
£1,500,000
N/A
N/A
Marginal relief lower limit
£300,000
£300,000
£300,000
N/A
N/A
Marginal relief upper limit
£1,500,000
£1,500,000
£1,500,000
N/A
N/A
Standard fraction
1/100
3/400
1/400
N/A
N/A


Lumb Accountancy Services